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    South Africa Seeks External Meditation

    Investing News Network
    Aug. 28, 2012 02:09PM PST
    Precious Metals Investing

    CNBC reported the South African government wants to bring in external mediation to resolve disputes over pay and conditions of mining workers at Lonmin (LSE:LMI).

    CNBC reported the South African government wants to bring in external mediation to resolve disputes over pay and conditions of mining workers at Lonmin (LSE:LMI).

    As quoted in the market news:

    Forty four people were killed in a labor dispute at Lonmin’s Marikana mine near Johannesburg, South Africa nearly two weeks ago. Since then, Lonmin’s operations have been suspended by a strike among around 3,000 workers, and the company said Tuesday that only 8 percent of its workers had reported for duty so far.

    Click here to read the full CNBC report.

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