Saturday 20 January 2018

* WO WORKERS KILLED IN pLATINUM mINE STRIKE

Workers at a South African mine have spent the last 16 weeks on strike and seen two of their colleagues killed on Monday.

Lonmin, the platinum mining company, argues that restructuring and job cuts are inevitable after it posted a first-half loss.

The loss by the London-listed producer is not surprising given that staff are taking part in South Africa's longest labour stoppage.

The pay dispute has cut 40pc of global production and halted operations at Lonmin's mines and processing plants. The work is labour-intensive and the output has suffered due to weaker prices for precious metal.

First published in INSIDER Magazine, exclusive to Thursday's Irish Independent
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