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    market news

    Lonmin to Raise Workers Pay

    Investing News Network
    Dec. 05, 2011 02:50PM PST
    Precious Metals

    Reuters Africa reported Lonmin (LSE:LMI,JSE:LON) said employees will receive pay rises and benefit improvements of up to 10 percent.

    Reuters Africa reported Lonmin (LSE:LMI,JSE:LON) said employees will receive pay rises and benefit improvements of up to 10 percent.

    As quoted in the market news:

    The South African precious metals producer said on Monday the first year of the agreement will be backdated to October 1.

    Click here to read the full Reuters Africa report.

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