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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lonmin Plc | LSE:LMI | London | Ordinary Share | GB00BYSRJ698 | ORD USD0.0001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 75.60 | 73.70 | 74.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
JOHANNESBURG--Lonmin Plc, the world's third largest platinum producer, said it has suspended all work at its Marikana mine Tuesday after employees refused to go underground.
All 13 shafts are not operational at present, the company said. A spokeswoman said that employees arrived at work but didn't go underground. The reasons for the stoppage are still not clear, the company said. Lonmin employs 27,000 people as well as 10,000 contractors.
The strike follows a weekend of violence around the platinum producing region of Rustenburg, including the killing of two people who lived in the community next to Lonmin's Marikana mine.
It also comes after the violent strike last year that started at Marikana and then spread to mines across the country.
Write to Devon Maylie at devon.maylie@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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