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Lonmin News
UPDATE 2-South Africa mining union NUM vows to fight job cuts at Lonmin
* Prospect of a resurgence of labour disputes * NUM says has not been officially consulted by Lonmin * 30 pct of South African platinum sector losing ...
South Africa union NUM to fight against job cuts at Lonmin
By Zandi Shabalala JOHANNESBURG, May 8 (Reuters) - South Africa's National Union of Mineworkers (NUM) said on Friday it was shocked by platinum produc...
Lonmin to cut costs with 3,500 redundancies
Lonmin has begun talks over cutting its labour costs by roughly 10% by trimming around 3,500 from its workforce at all levels. The platinum miner said...
RPT-UPDATE 2-Lonmin aims to cut 3,500 South African jobs due to weak platinum price
* Hoping for volunteers; forced job cuts a last resort * Platinum prices down about 20 pct since start of 2014 * Industry has also been hit by strikes...
Glencore shareholders approve Lonmin shares distribution
LONDON, May 7 (Reuters) - Glencore's shareholders have voted in favour of the proposed divestment of the company's 23.9 percent stake in platinum prod...
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