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Reuters
Oct 23
Comment
South African trade union Solidarity said on Friday it had rejected a 7.5 percent pay rise offer by Lonmin, the world's third-largest platinum producer, and stuck to its demand for a 10 percent rise.
Metal Bulletin
Oct 22
Comment
Lonmin will increase platinum sales to 700,000 oz in 2010, it said on Thursday, even as it conceded that the operating environment for South African precious metals producers remains challenging
Mining Weekly
Oct 22
Comment
Platinum demand levels were gradually improving and a slow firming in the platinum price could be seen, but no quick rebound was expected, Lonmin CEO Ian Farmer said on Thursday.
Farmer told Mining Weekly Online that the worst was behind the...
Reuters
Oct 22
Comment
Lonmin Plc, the world's third-largest platinum producer, said precious metal miners in South Africa would likely face continued challenges in 2010 as it posted a 25 percent drop in fourth-quarter platinum sales.
MarketWatch
Oct 22
Comment
Platinum producer Lonmin said Thursday that it mined 2.6 million tonnes in its fiscal fourth quarter, down 20% from the same point a year ago, as planned closures hit production. Recent improvements in U.S. dollar-based PGM pricing have been...
Mining Weekly
Oct 21
Comment
South Africa’s National Union of Mineworkers (NUM) has rejected a 6,5% wage increase made by platinum producer Lonmin, during the first round of wage negotiations.
Lonmin had raised its initial offer of 5% to 6,5%, while the NUM had lowered its...
Mining Weekly
Oct 20
Comment
Wage negotiations at the world’s third-largest platinum company, Lonmin, officially started this week.
Trade union Solidarity said on Tuesday that it was demanding a 10% wage increase for mineworkers, artisans and officials as well as a...
Reuters
Oct 20
Comment
South African trade union Solidarity will begin wage negotiations over a 10 percent pay rise demand with Lonmin, the world's third largest platinum producer, it said on Tuesday.
Mining Weekly
Oct 15
Comment
South Africa’s National Union of Mineworkers (NUM) is demanding a 25% wage increase from platinum producer Lonmin, which is offer a 5% across-the-board increase, the union said on Thursday.
Lonmin COO Mahomed Seedat confirmed that negotiations...
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