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    market news

    South Africa’s Platinum Sector Labor Strikes Continue

    Investing News Network
    Aug. 27, 2012 11:07AM PST
    Precious Metals Investing

    Reuters reported South Africa’s platinum sector continues to experience labor strife as spreading strikes fan fears of violence.

    Reuters reported South Africa’s platinum sector continues to experience labor strife as spreading strikes fan fears of violence.

    As quoted in the market news:

    Workers blocked colleagues from going down mine shafts and used threats of violence to snarl transport at Lonmin’s Marikana mine – where 10 people were killed in a union turf war and police shot dead 34 striking miners.

    Click here to read the full Reuters report.

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