miningmx
TODAY In Platinum ›

RELATED STORIES


SHARE PRICE

» JSE:LONMIN PLC: 20072c 0%

Union warns of Lonmin wage dispute

I-Net Bridge | Thu, 15 Oct 2009 16:18
[miningmx.com] -- The National Union of Mineworkers (NUM) on Thursday warned of an impending war with world number three platinum producer Lonmin over wage increases.

The NUM is demanding a 25% wage increment from Lonmin while the company has offered "a mere pittance" of 5%.

After what it described as a "slow start" to wage negotiations earlier this week, the trade union the company is arguing that the trade union must dramatically reduce its demand.

"We want to resolve everything through negotiations. We are positive about negotiations and as such we call on the company to show positivity in their actions," said Eric Gcilitshana, the NUM's chief negotiator at Lonmin.

"They are still miles away from our 25% and we want to conclude a wage agreement without further ado," he added. The next round of negotiations will take place next Tuesday.




USER COMMENTS () Click to View
COMMENT
SHARE
E-MAIL
PRINT
Add Your Comment
No bad language or hate speech please.

facebook de.li.cious Digg
Most Read
Commented
Ed's Choice
  1. »Julius Malema linked to R250m mine deal
    by Miningmx reporter | 14 Mar 2010 10:02
  2. »ETF threat hangs over gold
    by Allan Seccombe | 08 Mar 2010 18:01
  3. »Pallinghurst in the black
    by Brendan Ryan | 16 Mar 2010 08:47
  4. »Coal of Africa fails to deliver
    by Brendan Ryan | 16 Mar 2010 11:56
  5. »Key Chile copper mines restart after blackout
    by Reuters | 15 Mar 2010 10:52
  1. » First Uranium shake up marks fund raising
    by Allan Seccombe | 12 Mar 2010 14:51
  2. » South Africa slips to 4 in gold rankings
    by Allan Seccombe | 12 Mar 2010 13:03
  3. » JSE probes ArcelorMittal conduct
    by Jan de Lange | 09 Mar 2010 11:20
  4. » ETF threat hangs over gold
    by Allan Seccombe | 08 Mar 2010 18:01
  5. » Swanepoel sells out of Delta Mining
    by Brendan Ryan | 02 Mar 2010 13:25
  1. » ETF threat hangs over gold
    by Allan Seccombe | 08 Mar 2010 18:01
  2. » South Africa slips to 4 in gold rankings
    by Allan Seccombe | 12 Mar 2010 13:03
  3. » Big enough is no longer good enough
    by David McKay | 07 Mar 2010 10:04
  4. » AngloGold gets serious
    by Allan Seccombe | 11 Mar 2010 15:51
  5. » Zimbabwe's Marange output at 2m carats
    by Reuters | 03 Mar 2010 08:37
More news from Platinum Group Metals
  • › Jubilee's loss narrows
  • › Implats reports fatality at Rustenburg operation
  • › CAMEC jv to launch platinum mine in Zim
  • › Aquarius dispute turns legal
  • › AngloPlat avoids wage strike
  • › Impala to burn cash until 2011
  • › Mining ops resumed at Platmin after strike
  • › Impala loses 50,000 oz to strike
  • › Aquarius may lose up to 20,000 PGM ounces
  • › Implats, unions in talks to end strike
    • special reports
    News Alert! Subscribe to our Free News Alert
    multimedia

    Multimedia

    LATEST PODCAST | Mvela Resources and corporate action | 12 Mar 2010 - › More
    The MiningMx team debate possibilities of corporate action at Mvela Resources and get an analyst opi ... Listen ›
    RADIO WRAP | More ›
  • › Chamber's proposal gives an "almost bearable" alternative - Dick Kruger, CoM |
  • › Opportunities for growth in diamonds - Trans Hex CEO Delport |
    • podcastsPodcasts
    Big opinions by big guys.     RSSRSS Feeds
    News delivered really simply.
    jobsJobs
    Current listings.     eventsEvents
    Current listings.
    jseJSE Listed stocks
    Real time resources data.
    special reportsFREE News Alert!
    Subscribe to our News Alert