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Reuters reported strikers at Lonmin’s (LSE:LMI) Marikana platinum mine rejected a pay offer on Friday, dimming prospects of ending five weeks of industrial action in South Africa.
Reuters reported strikers at Lonmin’s (LSE:LMI) Marikana platinum mine rejected a pay offer on Friday, dimming prospects of ending five weeks of industrial action in South Africa.
As quoted in the market news:
Workers on a rocky outcrop at the mine where police shot dead 34 protesters last month dismissed the offer as way below the 12,500 rand ($1,500) a month sought by members of the militant Association of Mineworkers and Construction Union (AMCU).