Lonmin Pay Raise Increases Violence At Anglo American Platinum

Reuters reported violence escalated as police fired tear gas and rubber bullets at protestors at Anglo American Platinum’s (LSE:AAL) mine on news Lonmin’s (LSE:LMI) workers won a pay raise.

As quoted in the market news:

Within hours of Lonmin agreeing pay rises of up to 22 percent, workers at nearby mines called for similar raises, spelling more trouble after six weeks of industrial action that claimed more than 40 lives and rocked South Africa’s economy.

The death toll from the unrest rose to 46 when a woman struck by a rubber bullet when police had dispersed mine protesters at the weekend died in hospital on Wednesday, Central Methodist Church Bishop Paul Verryn, who has been counseling striking miners, told Reuters.

Click here to read the full Reuters report.