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TIMELINE-Major strikes at S.African platinum mines
Mon, 20th Aug 2012 18:01
Aug 20 (Reuters) - As workers trickle back to duty at Lonmin , the world's third-largest plati
Sept-Oct 2010 - A six-week strike over pay at Northam Platinum's Zondereinde mine resulted in revenue losses of about 380 million rand ($45 million). Northam lost around 1,000 ounces of platinum a day.
May 2011 - Lonmin fired 9,000 staff at its Karee mine near Rustenburg after they went on an illegal strike following a dispute between the National Union of Mineworker's Rustenberg regional office and the leadership of the local Karee branch of the NUM. Lonmin lost 30,000 ounces of output.
Oct. 2011 - Aquarius Platinum hit by a strike called by Association of Mining and Construction Unions (AMCU), who represented contract workers at its Everest mine. Aquarius lost up to 3,000 ounces.
Jan-Feb 2012 - Impala Platinum's Rustenburg operation was closed for six weeks at a cost of 120,000 ounces of platinum after rock drill operators went on strike. Three miners were killed in clashes between rival union factions at the mine.
May 2012 - A confrontation between NUM members and AMCU members in a battle for membership led to violence, arrests and a further two day strike at Implats' Rustenburg operations. Implats said that during a clash between the rival unions, one company employee was shot and wounded and some 6,000 ounces of production was lost.
Sources: Reuters/Nomura/Platts/Company websites
(Reporting by David Cutler, London Editorial Reference Unit) ($1 = 8.3335 South African rand) Keywords: SAFRICA LONMIN/STRIKES
(david.cutler@thomsonreuters.com; +44 20 7542 7968; Reuters Messaging: david.cutler.thomsonreuters.com@reuters.net )
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
num producer, following what is now dubbed the 'Marikana Massacre' where 44 people lost their lives, here is a look at major strikes in the South African platinum industry in the last two years.
Sept-Oct 2010 - A six-week strike over pay at Northam Platinum's Zondereinde mine resulted in revenue losses of about 380 million rand ($45 million). Northam lost around 1,000 ounces of platinum a day.
May 2011 - Lonmin fired 9,000 staff at its Karee mine near Rustenburg after they went on an illegal strike following a dispute between the National Union of Mineworker's Rustenberg regional office and the leadership of the local Karee branch of the NUM. Lonmin lost 30,000 ounces of output.
Oct. 2011 - Aquarius Platinum hit by a strike called by Association of Mining and Construction Unions (AMCU), who represented contract workers at its Everest mine. Aquarius lost up to 3,000 ounces.
Jan-Feb 2012 - Impala Platinum's Rustenburg operation was closed for six weeks at a cost of 120,000 ounces of platinum after rock drill operators went on strike. Three miners were killed in clashes between rival union factions at the mine.
May 2012 - A confrontation between NUM members and AMCU members in a battle for membership led to violence, arrests and a further two day strike at Implats' Rustenburg operations. Implats said that during a clash between the rival unions, one company employee was shot and wounded and some 6,000 ounces of production was lost.
Sources: Reuters/Nomura/Platts/Company websites
(Reporting by David Cutler, London Editorial Reference Unit) ($1 = 8.3335 South African rand) Keywords: SAFRICA LONMIN/STRIKES
(david.cutler@thomsonreuters.com; +44 20 7542 7968; Reuters Messaging: david.cutler.thomsonreuters.com@reuters.net )
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
