Platinum miner Lonmin revealed that more than four-fifths of its workers reported for duty at its Marikana mine in South Africa on Thursday, following the wage settlement struck earlier in the week.
The long and often violent dispute, which claimed the lives of 46 people, ended after a deal was signed late on Tuesday evening.
"The strike was the second unprotected strike embarked upon by workers in the industry this year. Following its conclusion, government, unions and mining companies need to work together to ensure that bargaining arrangements are adhered to by all parties," a statement from Lonmin said.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"As part of this task Lonmin welcomes the opening of a conversation on centralised bargaining and pledges to be a full participant in that conversation. We are also committed to working with the Farlam Commission and all other participants who are committed to ensuring that the root causes of the events of recent weeks are addressed," the statement added.
JH
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
