ARTICLES RELATING TO LONMIN

Lonmin to plan for partial rebuild

2014-12-08 13:48

Lonmin says its plan to rebuild part of a furnace nine months earlier than scheduled will not impact overall sales or unit cost guidance for the new financial year.

Lonmin completes BEE credits

2014-11-26 15:46

Platinum producer Lonmin has completed three deals to make up its remaining 8% black economic empowerment credits, it says.

NUM: Mineworker not allowed back at work

2014-11-18 16:15

A Lonmin employee has not been allowed to return to work despite having won a case at the CCMA, the National Union of Mineworkers says.

‘Little has changed since Marikana’

2014-11-18 13:19

Very little has changed in the mining industry since the events at Marikana in August 2012, the Bench Marks Foundation says.

Marikana hearings conclude after 300 days

2014-11-14 17:25

The public hearings of the commission of inquiry into the events at Marikana, near Rustenburg in North West, in August 2012 have closed after a sitting lasting 300 days.

Nothing wrong with Ramaphosa's calls - lawyer

2014-11-13 14:18

Deputy President Cyril Ramaphosa did nothing wrong when he phoned former police minister Nathi Mthethwa for police intervention at Marikana, the Farlam Commission of Inquiry has heard.

Ramaphosa's motives at Marikana questioned

2014-11-12 14:57

The intervention of Cyril Ramaphosa during the unprotected strike at Lonmin's Marikana mine in August 2012 was driven by ulterior motives, the Farlam inquiry has heard.

Lonmin spread misinformation - Marikana lawyer

2014-11-11 18:46

Lonmin spread misinformation about striking mine workers and Amcu's role in the strike at Marikana in August 2012, the Farlam Commission of Inquiry has heard.

New body to boost platinum investment demand

2014-11-11 16:35

An industry body to promote investment demand for platinum should be set for launch early 2015 as producers try to boost sales in the face of falling prices.

Amcu no villain at Marikana, inquiry hears

2014-11-11 15:48

Amcu leadership in the days leading up to the August 2012 shootings at Marikana acted responsibly and constructively in trying to avert violence, the Farlam Commission of Inquiry has heard.

Lonmin to cut R2bn of costs

2014-11-10 18:26

Lonmin says it will cut more than R2bn of costs and set a higher hurdle for new projects after being dragged into the red this year by a bruising five-month strike.

Inquiry can't make finding on housing - Lonmin

2014-11-10 15:42

The Farlam Commission of Inquiry cannot make a meaningful finding regarding housing at Lonmin's Marikana mine and should not report unfairly on the company, the commission has heard.

Lonmin explains strike negotiation quandary

2014-11-10 14:47

Lonmin could not breach the legal framework to negotiate with mineworkers on an unprotected strike in Marikana in August 2012, the Farlam Commission of Inquiry has heard.

Lonmin posts $326m loss after strike

2014-11-10 10:15

Lonmin has met analysts' forecasts with a $326m annual pre-tax loss, hurt by a five-month mining strike.

Police can't be exonerated - Bizos

2014-11-06 14:45

The SA Police Service must be held accountable for the deaths and injuries of striking mineworkers at Marikana in North West in August 2012, the Farlam Commission of Inquiry has heard.

Lonmin: One year without fatalities

2014-10-29 17:50

Platinum mining company Lonmin has gone a full year without a death at its operations, it says.

Labour strife drives mines mechanisation

2014-10-14 13:48

For decades, SA's platinum production has rested on men risking their lives, but three years of labour strife have set in motion a drive to replace them with machines.

Release of Lonmin financial records delayed

2014-10-09 09:05

Lonmin has delayed the release of a report which will show what the company's financial position was during the violent wage-related unrest.

Lonmin swings back to full production

2014-10-08 16:44

Lonmin has returned to full production earlier than forecast after a crippling five-month wage strike, exceeding 2013 output levels in both August and September.

Final lap for Marikana inquiry

2014-10-01 06:26

The Farlam Commission of Inquiry has been granted its final extension, spokesperson Phuti Setati says.

Lonmin denies tax evasion claims

2014-09-23 15:46

Lonmin has denied allegations it was evading tax, after calls that the company should be investigated.

Sars must probe Lonmin, Ramaphosa - EFF

2014-09-19 20:29

The EFF has called on Sars to probe Lonmin and its directors for tax evasion after a report that the company paid about R200m in commissions to agents in Bermuda.

Lonmin employee labelled 'disingenuous'

2014-09-15 20:45

A senior Lonmin employee has been accused of being disingenuous at the Farlam Commission of Inquiry.

Lonmin to share lessons from Marikana deaths

2014-09-15 17:18

The Farlam Commission of Inquiry wants Lonmin to submit a report on what lessons have been learnt from the events surrounding the 2012 Marikana massacre.

Lonmin employee did not encourage collective talks

2014-09-15 14:11

A senior Lonmin employee did not think NUM and Amcu would have met to resolve the 2012 Marikana strike, the Farlam Commission of Inquiry has heard.

 

Mineworkers want R8 500p/m minimum

2014-11-26 17:03
77 comments

The minimum wage for mineworkers must be R8 500 a month, the National Assembly's labour committee has heard.

Families take over from the Marikana dead

2014-11-23 14:06

Forty-one members of some of the miners killed during a wildcat strike at a Lonmin mine in August 2012, have now been employed by the company, a report says.

Mineworker not allowed back at work - NUM

2014-11-18 15:44

NUM says a Lonmin employee has not been allowed to return to work despite having won a case at the CCMA.

Top platinum producers launch investment body

2014-11-18 12:07

Six of the world's biggest platinum producers have launched a dedicated body to promote the precious metal as an investment vehicle.

Consensus needed on public order, inquiry hears

2014-11-14 13:35

SA needs to develop a universally accepted notion of what constitutes appropriate forms of public protest, the Farlam Commission of Inquiry has heard on its final day of public hearings.

Ramaphosa is Marikana accused No 1 - Mpofu

2014-11-12 18:15

Deputy President Cyril Ramaphosa should face main criminal liability for his role in the August 2012 Marikana shooting, the Farlam Commission of Inquiry has heard.

Marikana families want police prosecuted

2014-11-11 21:09

Families of 34 striking miners shot dead in 2012 has called for police who fired on them to be prosecuted as the inquiry into the "Marikana massacre" neared its end.

Marikana strikers not lawfully killed, inqury hears

2014-11-11 18:46

Striking miners shot dead by police on 13 and 16 August 2012, at Marikana were not killed lawfully, the Farlam Commission of Inquiry has heard.

NUM neglected its duty, says lawyer

2014-11-11 16:15

The National Union of Mineworkers failed to properly represent rock drill operators prior to the 2012 strike at Lonmin, the Farlam Commission of Inquiry has heard.

Establish restoration fund - Marikana lawyer

2014-11-11 13:37

A restoration fund should be established for the families affected by the shooting at Marikana in August 2012, the Farlam Commission of Inquiry has heard.

Lonmin 'unequipped' to deal with Marikana strike

2014-11-10 17:18

Lonmin's security staff were not equipped to deal with the August 2012 unprotected strike at its Marikana mine in North West, the Farlam Commission of Inquiry has heard.

Ramaphosa not responsible for Marikina tragedy - Lonmin

2014-11-10 15:15

Lonmin could not criticise Deputy President Cyril Ramaphosa for his role in events during the unprotected strike at Lonmin’s Marikana mine in August 2012, the Farlam Commission of Inquiry has heard.

Lonmin results dominated by strike impact

2014-11-10 13:36

The five-month strike in the platinum sector has caused a loss of 391 000 saleable ounces over the last financial year, mining company Lonmin reports.

Marikana: Lonmin to present final arguments

2014-11-10 07:45

The Farlam Commission of Inquiry, investigating the deaths of 44 people in Marikana is set to resume in Pretoria, with Lonmin expected to present its final arguments.

SAHRC slates police in Marikina inquiry

2014-11-06 12:38

Police did not engage openly and fully with the Farlam Commission of Inquiry into the August 2012 violence at Marikana, North West, the commission has heard.

Marikana strike haunts SA economy

2014-10-24 17:49

The economy is struggling to shake off the shock of the Marikana strike, the longest in its history, and will only manage growth of 1.4% this year.

SA to improve distressed mining towns

2014-10-09 20:22

Planning Minister in the Presidency Jeff Radebe says R2.1bn has been designated to improve housing and living conditions in poor mining communities.

JSE pulls back, Ellies drops nearly 20%

2014-10-08 18:19

South African stocks have ended lower, with Ellies Holdings topping the list of decliners on growing worries about its financial health.

Lonmin payments were loans, says Shanduka

2014-10-03 19:12

Payments Lonmin made to its empowerment partner Incwala in the years leading up to the Marikana shooting were interest-free loans and not dividends, Shanduka says.

Marikana miners haunted by police attack

2014-09-30 20:04

Lonmin miners who survived the 16 August 2012 shootings at Marikana say they are haunted by memories of the confrontation with police.

Lonmin denies evading tax

2014-09-23 07:00

Lonmin says reports that it is evading tax are completely false after calls that the company should be investigated.

Ramaphosa declares his millions

2014-09-17 18:40
117 comments

Deputy President Cyril Ramaphosa has revealed that he has accumulated R76m in company shares and owns 30 townhouses in Johannesburg and two flats in Cape Town.

Reopening wage talks illegal

2014-09-15 19:15

Lonmin was unwilling to reopen wage negotiations in 2012 because it would have been illegal, the Farlam Commission of Inquiry has heard.

Lonmin employee ordered to apologise

2014-09-15 14:49

A senior Lonmin employee had to apologise at the Farlam Commission of Inquiry for describing Amcu's president as a liar on national radio.

Reopening wage negotiations illegal, inquiry hears

2014-09-15 12:52

Lonmin was unwilling to reopen wage negotiations in 2012 because it would have been illegal and set the wrong precedent, a senior employee has told the Farlam Commission of Inquiry.

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