More than four-fifths of Lonmin miners turn up for work
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.
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
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
MPs warn over Lifetime ISAs which could leave savers out of pocket
The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
-
FCA reveals 'once in a generation' advice changes - what the reforms mean for you
Consumers to get free access to financial advice type help for pensions and investment following proposed changes from the regulator