Company Data
| Last traded |
R95.65 |
| Change |
R-1.36 |
| % Change |
-1.40% |
| Cumulative volume |
2.90m |
| Market cap |
R19.38bn |
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Top Stories
May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 25 2012 19:13
Uncertainty over the future of the euro zone returned to push the rand down against the dollar.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - The National Union of Mineworkers (Num) on Tuesday rejected a wage hike offer from
Lonmin [JSE:LON] and said it was moving closer towards launching a strike at the platinum miner’s operations.
Num spokesperson Lesiba Seshoka said in a statement that Lonmin had offered to increase wages by 0.5%.
“The Num has rejected these offers with the contempt it deserves and feel that it is moving towards industrial action at Lonmin,” said Seshoka.
He said the union had lowered its demand to an 11% increase, from 12% previously. The union is also disputing the company’s offers on housing allowances and medical aid subsidies for workers’ children.
The two parties are due to meet again next Tuesday, Seshoka said.