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The crisis of profitability in the platinum industry is a misleading phrase to describe the current situation. Platinum companies are still in fact making a profit. The issue is rather that they are no longer making the huge profits they did during the boom years of...
Anglo's platinum operations are not "unprofitable". Rather, they are not "profitable enough". Plans to restructure will jeopardize the income of 14 000 workers and more than 100 000 dependents. AMCUs call to nationalize in response reflects the growing consensus on...
South AfrIca's coal-fuelled development path delivers jobs that are less than decent and results in massively negative externalities – water contamination, air pollution, loss of farmland and community commons and livelihoods. With theexception of Sasol, coal is still...
Don't blame American appetites, rising oil prices, or genetically modified crops for rising food prices. Wall Street's at fault for the spiraling cost of food. Demand and supply certainly matter. But there's another reason why food across the world has become so...
Labour unrest engulfing the South African platinum industry spread on Wednesday, prompting fears of a broader mining crisis in one of the main commodity-producing countries. Platinum and gold prices continued to soar as investors braced for supply disruptions after 44...
Both major wings of contemporary mainstream economists—'Retro Classicalists' and 'Hybrid Keynesians'—fail in fundamental ways to understand the qualitative characteristics of the economic crisis that continues to impact the U.S. and global economy. Neither wing has...
On June 6, 2012, the Jerusalem Development Authority launched its fourth annual Jerusalem Festival of Light in the Old City. The previous year’s show had been a resounding success, according to sponsors quoted in the Jerusalem Post, with over 250,000 visitors enjoying...
Richard Heinberg. The End of Growth: Adapting to Our New Economic Reality New Society Publishers, 2011 Publisher & Coordinating Editor of Canadian Dimension Industrialized economies have grown most years since the mid-19th century. Globally, economic output per...
Allegations of coalition hypocrisy over green issues as critics say documents show UK has caved in to fossil fuel lobbyists The government has been trying to water down key environmental regulations in Brussels despite trumpeting its commitment to green issues at...