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    market news

    NUM’s General Secretary Says Platinum Companies Hinder Bargaining

    Investing News Network
    Aug. 16, 2012 08:59AM PST
    Precious Metals

    Mining Weekly reported the National Union of Mineworkers’ General-Secretary, Frans Baleni on Thursday accused platinum mining companies of undermining bargaining processes.

    Mining Weekly reported the National Union of Mineworkers’ General-Secretary, Frans Baleni on Thursday accused platinum mining companies of undermining bargaining processes.

    As quoted in the market news:

    Speaking at a press conference addressing the situation at the North West mine, where ten people died since the violence started last Friday, Baleni said that the trend of undermining bargaining processes had its roots at Impala Platinum (Implats), claiming that the world’s second-largest producer had adjusted wages for certain categories of employees, leaving others out.

     Click here to read the full Mining Weekly report.
    market newsplatinum mining companiesplatinum miningimpala platinum
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