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    market news

    Implats’ Miners Demand Second Wage Increase

    Investing News Network
    Sep. 11, 2012 11:10AM PST
    Precious Metals

    Reuters reported Impala Platinum’s (JSE:IMP) miners have demanded another wage increase as strikes spread at platinum mines across South Africa.

    Reuters reported Impala Platinum’s (JSE:IMP) miners have demanded another wage increase as strikes spread at platinum mines across South Africa.

    As quoted in the market news:

    Impala Platinum, the world’s No.2 platinum producer, said on Tuesday workers had demanded a second pay hike this year, equal to a pay increase granted in April after a 6-week strike.

    The demand comes as South African mining companies grapple with a wave of strikes that last month led to the death of 44 people, 34 at the hands of the police.

    Click here to read the full Reuters report.

    market newsplatinum producerimpala platinumplatinum minessouth african mining companies
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