Data provided by iNet BFA
Loading...
See More

Lonmin strikers accept pay offer

Sep 18 2012 18:02

Company Data

Lonmin plc [JSE:LON]

Last traded 42.13
Change 1.12
% Change 0.03
Cumulative volume 1155111
Market cap 23.95bn

Last Updated: 22/07/2014 at 04:17. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Lonmin offers return-to-work bonus

CCMA makes headway in mine talks

Marikana miners lower salary demands

Strike claims first jobs

Mediators: Miners not married to R12 500

Miners ease up on Lonmin

 

Marikana - Striking miners at Lonmin's Marikana platinum accepted a company offer of a 22% overall pay increase to end more than five weeks of crippling and bloody industrial action.

Workers gathered at a soccer pitch near the Marikana mine cheered when they were informed of the 22% offer, and said they would return to work on Thursday.

"The workers are very happy with it [the wage offer] and so we believe that what has happened here has been a victory really for the workers, and they're going to work on Thursday morning," said Bishop Jo Seoka, South African Council of Churches president who brokered the talks between the miners and their employer.

lonmin  |  mahikeng  |  labour  |  mining  |  mining unrest  |  lonmin unrest
NEXT ON FIN24X

 
 
 

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
93 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

OneRandMan learns how money really works

National Savings Month is not only this month, it is every month from your very first salary slip, an expert warns OneRandMan and all South Africans.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

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