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Amcu, mine CEO's set for more talks

Johannesburg - The Association of Mineworkers and Construction Union (Amcu) and platinum minining bosses will resume talks next week in an attempt to end a crippling walk-out entering its 13th week.

Anglo Platinum (Amplats) [JSE:AMS], Impala Platinum (Implats) [JSE:IMP] and Lonmin [JSE:LON] have so far lost R13.5bn in revenue to the longest and most damaging South African mining strike in living memory.

Thursday's meeting was the most high level since the early days of the strike and involved the chief executives of the three companies, Amcu president Joseph Mathunjwa and South African labour minister Mildred Oliphant.

"There was some discussion but there was no agreement and they will meet again on Tuesday and Wednesday next week. The parties are still far apart," said a company source close to the talks, who asked not to be named.


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