• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Precious Metals Market
Precious Metals News
Precious Metals Stocks
  • Precious Metals Market
  • Precious Metals News
  • Precious Metals Stocks

Lonmin Worker’s Death Could be Related to Union Turf War

Charlotte McLeod
Jul. 31, 2013 11:41AM PST
Precious Metals Investing

Reuters reported that on Sunday a worker was shot and killed near Lonmin plc’s (LSE:LMI) South Africa-based Marikana mine. A police spokesman commented that the incident is “isolated” and is not necessarily part of the country’s union turf war; however, union leaders are not so sure.

Reuters reported that on Sunday a worker was shot and killed near Lonmin plc’s (LSE:LMI) South Africa-based Marikana mine. A police spokesman commented that the incident is “isolated” and is not necessarily part of the country’s union turf war; however, union leaders are not so sure.

As quoted in the market news:

Police spokesman Thulani Ngubane said: ‘He was in his mine gear on his way to work.’

‘This is an isolated incident which does not mean the situation is volatile in the platinum belt.’

But union leaders said labour violence had got out of hand in the area, about 100 km (60 miles) northwest of Johannesburg, which produces most of the world’s platinum.

‘We have never seen such severity in the intimidation, threats and killings,’ said Frans Baleni, the general secretary of the powerful National Union of Mineworkers (NUM).

Click here to read the full Reuters report.

The Conversation (0)

Go Deeper

AI Powered

Lonmin Still Feeling Losses From Platinum Strikes

South African Government Assists Platinum Industry

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES