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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%.

Genorah to exit Nkwe over debt

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UPDATED: Nkwe Platinum looks set for a change-of-control transaction as its cash-strapped majority and BEE shareholder, Genorah Resources, seeks to sell shares to cover debt.

Lonmin edges lower as no-shows continue

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Lonmin’s shares inch further down as the company reports attendance figures of 8% - fewer than one in 12 of the group’s 28,000 workers.

Can Aquarius Platinum survive?

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The malaise in the platinum group metal sector has had a greater effect on Aquarius Platinum’s share price than the global economic crisis.

Workers stay away as Lonmin seeks peace deal

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UPDATE: Fewer than one in seven Lonmin employees have turned up for work as the company aims to have a peace agreement with all unions in place later this week.

Amplats workers on strike

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Anglo American Platinum says around 100 employees at its Thembelani Mine in Rustenburg refused to go underground during the morning shift change on Friday.

RBPlat employees return to work

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Royal Bafokeng Platinum says its operations at the Bafokeng Rasimone Platinum Mine's north shaft have normalised, following and earlier illegal strike.