Gold and coal mining companies are engaged in what all parties are describing as difficult wage negotiations against a backdrop of falling metal prices. Photograph: Reuters

Falling metal prices and lower demand internationally are behind the loss of more than 23,000 jobs in South Africa’s mining sector and subsidiary indu(...)

Miners in  Anglo American’s  Bathopele mine in Runstenburg, North Western Province, South Africa. Photograph: Mujahid Safodien/AFP/Getty Images

Two of the world’s best-known miners are cutting thousands of jobs, as a decade-long supercycle of booming demand for commodities turns sour for natur(...)

Lonmin is battling prices that have tumbled 36 per cent since 2011.

Lonmin scaled back spending plans to weather a platinum price slump that may last two more years. The world’s third-biggest producer of the metal cut (...)

Like its peers Glencore has been hit by falling commodity prices. Crude oil has halved in price since June, while the price of copper has fallen almost 20 per cent

Glencore has decided to spin off its stake in Lonmin, a troubled South African platinum producer, in a move that could flush out a bidder for the 23.9(...)

Residents pass the perimeter of the Wonderkop platinum plant operated by Lonmin in Marikana, South Africa. Photograph: Dean Hutton/Bloomberg

The longest industrial action in South African history ended yesterday when 70,000 striking platinum miners agreed to return to work tomorrow after (...)

A police car escorts a bus outside Lonmin’s Saffy shaft mine in Rustenburg. Photograph: Siphiwe Sibeko/Reuters

Efforts to end the longest industrial action in South African history entered the courts this week in a bid to break a deadlock between striking pl(...)

 Exxon Mobil’s biggest international exploration opportunity may be imperilled by Russian President Vladimir Putin’s Ukrainian foray, as US-based companies could face restrictions on doing business in Russia. Photograph: Reuters/Alexei Druzhinin

The market in Dublin treaded water yesterday as European stocks were little changed generally, after rallying on (...)

 US stocks barely budged in thin trading after investors found little reason to add significant new positions with the Dow and the S&P 500 on a five-week winning streak. Photographer: Gino Domenico /Bloomberg

Better than forecast industrial data from China gave a boost to stocks on this side of the Atlantic while in the US the markets were becalmed as the b(...)

For your diary

TODAYResults: Flybe; Lonmin; Sotheby’s.Meeting: UNI Global Union Economics Forum (CWU Conference Centre, Dublin).Indicators: Irish Bord Gáis energy in(...)

Boys play soccer in Marikana’s Nkaneng township in front of the Lonmin’s Marikana platinum mine in Rustenburg. It is a  year today since 34 workers striking at the mine were shot dead by police. Photograph: Siphiwe Sibeko/Reuters.

South Africa’s government and ruling African National Congress (ANC) party said they were staying away from an event marking the first anniversay of(...)