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Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents

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Lonmin PLC announces protected strike action

Thursday, 23 Jan 2014 05:12am EST 

Lonmin PLC:Confirms, that following the receipt of The Association of Mineworkers and Construction Union’s (AMCU) notice of intention to strike on Jan. 20, its AMCU member employees have Jan. 23, embarked upon protected strike action.Says the South African labour relations legislation no work – no pay principle applies.Says it remains committed to finding a positive and sustainable resolution to the dispute in the interests of all its stakeholders and management continues to engage at all levels to seek agreement. 

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72.0 +1.96%
19 Sep 2014