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Reuters reported a new walkout at Lonmin’s (LSE:LMI) Marikana platinum mine dampened hopes of an end to the worst labor unrest since apartheid.
Reuters reported a new walkout at Lonmin’s (LSE:LMI) Marikana platinum mine dampened hopes of an end to the worst labor unrest since apartheid.
As quoted in the market news:
More than 80,000 miners have downed tools since August in often violent strikes that are hitting growth and investor confidence in Africa’s biggest economy and raising questions about President Jacob Zuma’s leadership.
In a surprise move, 4,000 workers at Lonmin’s Marikana mine stayed away from work on Thursday, disrupting operations once again at a plant where police killed 34 striking miners in August.