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It’s either wage hikes or jobs, says Lonmin

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The demand for a R12,500 a month salary is unsustainable and will cause some workers to lose their jobs so that the remainder can earn that much, says Lonmin CEO Simon Scott.

SA leaders thought Marikana would “blow over’

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SA’s leaders did not ­respond earlier to the ongoing crisis in Marikana and surrounding mines because they thought that "Marikana was an isolated incident'.

Lonmin strike claims first job casualties

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The ongoing strike at Lonmin’s operations has claimed its first operational casualty as the company announces the closure of its K4 shaft.

Aquarius temporarily halts Kroondal

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Aquarius Platinum has temporarily suspended its sole operating asset in South Africa, saying that its Kroondal joint venture with Anglo American Platinum will be closed until Sunday.

Amplats halts Rustenburg mines

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UPDATED: Anglo American has stopped work at all its Rustenburg operations, citing threats of violence against its employees.

Implats in fresh strike alert after new demand

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The platinum miner confirms it is negotiating with labour representatives that are "Amcu-aligned’ as the threat of fresh industrial unrest hits its key Rustenburg mine.

The time is nigh for Lonmin

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Lonmin will soon be faced with difficult decisions should employees not heed its call to return to work, a situation deemed unlikely by many of the parties involved.

Amcu won’t budge until R12,500/pm agreed

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Amcu said that only an agreement to pay miners R12,500 per month would bring an end to strike action at Lonmin’s Marikana mine, now into its third week.

Amcu’s Mathunjwa says accord decision “complex’

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Amcu president Joseph Mathunjwa says the union’s decision to rebuff Lonmin’s peace accord is complex and requires a full explanation, due on Friday.

PIC buys 8% stake in Northam as Afripalm exits

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UPDATED: Lazarus Zim's Afripalm Resources has quit its stake in Northam Platinum, which sees the platinum producer's BEE shareholding fall to 12%.