South African Strikes Spread to Gold Mine

Business Insider reports that thousand of employees at  the Kloof-Driefontein mine operated by Gold Fields have downed tools in the latest industrial labor action to hit South Africa.

As reported in the market news:

Some 12,000 workers at a gold mine operated by Gold Fields have gone on strike, in the latest industrial strife to hit South Africa’s mining sector

Illegal strikes have been spreading across South Africa’s mining industry after 44 people died in violence associated with a stoppage at Lonmin Plc’s Marikana mine in the North West province last month.

Click here to read the full market report