Articles Tagged "Impala Platinum"

South Africa Miners Return to Work

Reuters reported that workers at South African platinum mines owned by Anglo American Platinum (LSE:AAL), Impala Platinum (JSE:IMP) and Lonmin (LSE:LMI) cheered as they returned to work this week following the end of a five month strike. As Reuters wrote, the strike has so far cost the companies an estimated over $1 billion in revenues.

Producers Plan Further Talks Following Additional Wage Demands

Bloomberg reported that major PGM producers Anglo American Platinum (LSE:AAL), Impala Platinum (JSE:IMP) and Lonmin (LSE:LMI) are looking to meet with South Africa's Association of Mineworkers and Construction Union again after the AMCU put forward additional wage demands following the announcement of an imminent resolution.

Impala Says Majority of Platinum Workers Responding to Wage Offer

Reuters reported today that Impala Platinum (JSE:IMP) has stated that, after sending its latest wage offer directly to platinum mine workers last week, two thirds of the workers are responding that they would like to accept. The workers have responded through text messages and phone calls, according to Reuters.

Miners to Take Latest Offer Directly to Workers in South African Platinum Strike

Reuters reported today that in the latest development in the ongoing strike by platinum mine workers in South Africa, miners Implats, Amplats, and Lonmin are planning to take their latest wage offer directly to employees, bypassing the Association of Mineworkers and Construction Union. The move comes after talks between producers and the AMCU failed to yield a resolution last week.