Lonmin fails to reach agreement with Amcu

2013-05-23 17:53

Lonmin said that talks with the Association of Mineworkers and Construction Union (Amcu) had failed to yield a deal that would formalise the group’s status as the majority union at the world’s third-largest platinum producer.

The talks have now been referred to arbitration, which could take four to six weeks to complete.

“We are disappointed that we have been unable to find common ground, but remain hopeful that the dispute will be resolved, which is in all of our interests,” said acting chief executive Simon Scott today.

Tensions in the platinum mines around Rustenburg, northwest of Johannesburg, are running high amid a turf war between fast-growing newcomer Amcu and the more established National Union of Mineworkers.

More than 40 people were killed in the unrest last year and wildcat strikes hit production.

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