Reuters reported South Africa's Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.
Mining Weekly reported after Lonmin (LSE:LMI) lost an appeal with South Africa’s Department of Mineral Resources Keysha has appealed for the same rights.
Bloomberg reported the FTSE/JSE Africa All Share Index gained 0.6 percent to 32,956.47 in Johannesburg.
Reuters Africa reported Solidarity, a South Africa union, has made a deal with Lonmin (JSE:LON).
Bloomberg reported some stocks in South Africa had unusual movement today.
Reuters Africa reported Lonmin (LSE:LMI,JSE:LON) said employees will receive pay rises and benefit improvements of up to 10 percent.
Reuters Africa reported South Africa's National Union of Mineworkers said it had sealed a 2-year wage deal with Lonmin (LSE:LMI).
2011 has been stormy for South African platinum miners and they may not be in the clear yet.
Bloomberg reported Lonmin Plc (LSE:LMI) beat fiscal full-year profit estimates as demand for metals and prices rose.
Reuters Africa reported South African stocks closed at their highest level in nearly three months as demand for resources firmed.
Friday, January 27, 2012