SA platinum strike costs industry R4.4bn

Comment on this story
AngloPlatStrike Reuters.

Johannesburg - South Africa's platinum industry has lost 4.4 billion rand ($405 million) in revenue so far due to a four-week strike in the mines, the worlds three biggest platinum producers said on Wednesday.

Anglo American Platinum, Impala Platinum and Lonmin also said in a joint statement that their latest pay offer to striking miners of 7-9 percent over three years pushed the boundary of what was affordable and sustainable. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.