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S. Africa Strike Hits More than Half Global Platinum Production

South Africa’s most powerful platinum mining union has launched an indefinite strike, demanding a significant salary hike for entry-level miners.  The strike affects more than half the global platinum production.  The action is another blow to a sector still struggling to recover from a 2012 wildcat strike that led to a police confrontation that left 34 miners dead.   About 70,000 workers at three of South Africa’s largest platinum mines failed to clock in Thursday after...

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