Strike stalemate

2014-04-06 11:39

The 11-week strike at Anglo American Platinum (Amplats), Impala Platinum and Lonmin still shows no sign of a settlement.

The mines have tallied the estimated loss of revenue since January 23 at R11.5?billion by Friday.

They also said employees had collectively lost more than R5?billion in earnings over that period.

Impala and Lonmin mines are at a standstill while Amplats is operating at 60% of production. Fewer than 20% of employees in the sector are on duty and Impala has sent nonstriking employees on leave.

The three companies claim that, apart from nonstriking employees, “most” strikers do not support the strike any longer.

According to Lonmin CEO Ben Magara, “the overwhelming majority” of Lonmin employees want the strike to end. This was based on replies to questions sent to employees via SMS.

» Get City Press newspaper today for more on how the strike stalemate is starting to affect the small person and big players that depend on the industry.

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