Amcu: We spent R3m on legal action against Lonmin over Sibanye takeover: Amcu president Joseph Mathunjwa says their efforts to block the deal delayed the takeover by thirteen months, saving jobs in the process. ...... Source: WN.com - Southafrica News George’s dismissal case now in hands of CCMA: The federation of unions dismissed George last month over allegations of … [Read more...] about Amcu: We spent R3m on legal action against Lonmin over Sibanye takeover
Lonmin
SA News: Sibanye Gold Limited – Sibanye-stillwater Receives South African Reserve Bank Approval For Proposed Acquisition Of Lonmin
Sibanye Gold Limited - Sibanye-stillwater Receives South African Reserve Bank Approval For Proposed Acquisition Of Lonmin: Sibanye-Stillwater receives South African Reserve Bank approval for proposed acquisition of Lonmin SIBANYE GOLD LIMITED Trading as Sibanye-Stillwater Registration Number 2002/031431/06 Incorporated in the Republic of South Africa Share Code: SGL ISIN Code … [Read more...] about SA News: Sibanye Gold Limited – Sibanye-stillwater Receives South African Reserve Bank Approval For Proposed Acquisition Of Lonmin
SA News: Can South Africa pull off its proposed Lonmin sanction?
Can South Africa pull off its proposed Lonmin sanction?: On Sunday, President Jacob Zuma announced that the Department of Mineral Resources could revoke Lonmin’s mining license if the mining company did not provide a compliant housing plan. However, could the government be seen to be taking the stance of the ... Source: "South Africa" - BingNews Ex-Guantanamo detainee … [Read more...] about SA News: Can South Africa pull off its proposed Lonmin sanction?
As Lonmin fights for survival, miners move to cash in and quit
As loss-making platinum producer Lonmin appeals for cash from shareholders and slashes costs, many of its mine workers are eager to grab redundancy deals and leave a company battling to stay afloat. Battered by strikes, rising costs and weak platinum prices, Lonmin is seeking to raise $ 407 million in a share issue – priced at a 94 percent discount this week – … [Read more...] about As Lonmin fights for survival, miners move to cash in and quit
Job fears stand between Lonmin and survival
To survive the slump in platinum prices, Lonmin may need to reduce production. The trouble is, it will mean fewer jobs in a country that can’t afford to lose any. Read the full article by here: Johannesburg, South Africa News Submit and get free press releases here: MyPR Free Press Release. Click HERE to submit your Johannesburg news. MyJHB Read more on … [Read more...] about Job fears stand between Lonmin and survival
