• Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

All data is delayed
See More

Lonmin: Amcu invited to talks

Sep 06 2012 16:31

Company Data

Lonmin plc [JSE:LON]

Last traded 1
Change 0
% Change 63
Cumulative volume 29763280
Market cap 0

Last Updated: 26-11-2015 at 04:46. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Peace deal 'a step in right direction'

Amcu snubs Lonmin peace deal

Lonmin miners sign deal to return to work

Marikana miners refuse peace pact

Marikana miners mass on hilltop again

Miners threaten to kill Lonmin management

Johannesburg – Lonmin [JSE:LON] and other unions have agreed to invite the Association of Mineworkers and Construction Union (Amcu) and workers' representatives to participate in wage negotiations, the company said on Thursday.

"This is aimed at finding ways of addressing the demands of the striking workers," Lonmin said in a statement.

Work attendance at the platinum mine in Marikana, North West, was at 1.65% across all its shafts on Thursday.

The mine said it welcomed the signing of a peace accord in the early hours of Thursday.

"This lays a firm foundation for the beginnings of the elimination of violence and intimidation, as well as a return to work," said Lonmin.

"Given the 44 people who have already lost their lives through the labour dispute at Marikana, we hope that this will help to bring peace and stability."

Lonmin said it hoped other parties would endorse the accord.

Amcu and Marikana workers' representatives did not sign the pact.

The accord levelled the ground for wage negotiations. It also included a commitment to create a peaceful work environment.

Protesting miners gathered in a field opposite Lonmin's Marikana mine in North West on Thursday, waiting to discuss with their representatives the implications of refusing to sign the peace accord.

Worker representative Zolisa Bodlwana said workers were concerned about wage increase negotiations.

"A peace accord will not help us workers in any way. We are not party to that," he said.

The number of miners gathered at Wonderkop dwindled as the weather worsened, leaving less than 200 miners huddled under umbrellas in an attempt to keep dry.

As the weather deteriorated even further, the last a small pocket of protesting miners retreated to their homes by noon. The field was iced-over and roads around the mine were flooded.

Expelled ANC Youth League president Julius Malema's visit to the mine was postponed because of the rain.

Malema was to have spoken to the miners at Wonderkop and was to have welcomed the rest of the miners released from prison on Thursday.
*Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.
lonmin  |  amcu  |  julius malema  |  mahikeng  |  mining unrest



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote