There are no winners in platinum strike – Lonmin CEO

2014-06-24 17:19

The end to the platinum strike has brought an end to the hardships that South Africa has suffered in the past few months, Lonmin CEO Ben Magara has said.

Magara, Anglo American Platinum (Amplats) CEO Chris Griffith and Impala Platinum (Implats) CEO Terence Goodlace today confirmed the agreement outside Lonmin’s offices in Melrose Arch, Johannesburg.

“It is only the first step to rebuilding our businesses. It is not a time of celebration, there are no winners in this strike,” Magara said.

He thanked South Africans for their patience.

“The challenge in rebuilding the platinum [business] is going to be strong.”

He said the health of employees and the state of the mines would be dealt with first.

“Work still needs to be done to improve the living conditions of our employees.”

On January 23, Amcu members at Lonmin, Amplats and Implats downed tools, demanding a monthly basic salary of R12 500.

Amcu announced yesterday that the platinum strike was officially over and it would sign wage agreements with the platinum producers.

Some workers would receive R12 500 before the end of the agreement, Amcu president Joseph Mathunjwa said yesterday.

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