Daily podcast – November 24, 2009

A global iron-ore price settlement 10% up on the current price is expected from price negotiations in 2010; and JIC Mining Services plans to retrench 662 of its 6 300 employees.

SA contractor JIC may retrench 662 workers – union

South African mining contractor JIC Mining Services plans to retrench 662, or nearly 10,4% of its 6 300 employees, trade union Solidarity reported on Monday. The retrenchment would affect 628 Category B employees and 34 Category A employees....