Strikers, Police Face Off At Lonmin’s Platinum Mine

Reuters reported miners on strike and South African police faced off on Wednesday at Lonmin’s (LSE:LMI) Marikana platinum mine after production halted.

As quoted in the market news:

Lonmin, the world’s third-largest platinum producer, has threatened to sack 3,000 rock drill operators if they fail to end a wildcat pay strike that started on Friday at Marikana, its flagship mine 100 km (60 miles) northwest of Johannesburg.

Click here to read the full Reuters report.