Lonmin under a scorching spotlight
Finally, it is Lonmin’s turn to be publicly scrutinised at the Marikana Commission of Inquiry, writes GREG MARINOVICH. And it’s not a pretty spectacle….
Platinum future: Provide dignity, prevent strikes
After this year’s five-month strike at Anglo American Platinum (Amplats), Lonmin, and Impala Platinum (Implats), it was clear discontent among mineworkers went beyond just wage issues….
South African mineworkers end strike, but bleak outlook remains
…belonging to the Associated Mineworkers and Construction Union (AMCU) concluded an agreement with the three main producers, Amplats (a subsidiary of Anglo American plc), Lonmin plc, and South Africa-based Implats….
Amcu rejects wage offer
Mining union Amcu rejected the latest offer from mining companies Implats, Amplats and Lonmin. Amcu president Joseph Mthunjwa addressed thousands of members at the Wonderkop stadium near Rustenburg. In spite…
Lonmin may need capital injection to survive strike
Platinum producer Lonmin may soon need to raise capital to survive South Africa’s longest and costliest mining strike, which has paralysed its operations and slashed its revenue….