Tag Archives: Lonmin

Lonmin’s Bermuda Triangle

  GroundUp Staff   Platinum mining giant Lonmin could have found the money to meet rock drillers’ pay demands instead of shifting funds between subsidiaries, possibly to avoid tax. These are the conclusions of a detailed analysis of Lonmin accounts by economist Dick Forslund of the Alternative Information and Development Centre in Cape Town. Forslund […]

Lonmin & ‘The White Man’s Muti’

    A computer’s delete button is “the white man’s muti”, according to Marikana miners who, it has been suggested, used the stuff in the belief that it made them invisible during the violent wildcat strike at Lonmin’s Marikana platinum operation in 2012 that left 44  people dead.   According to Advocate Dali Mpofu, acting […]

‘White Foreigners’: History Repeating

  Terry Bell   Gwede Mantashe, former chairman of the SA Communist Party, former general secretary of the National Union of Mineworkers (NUM) and now the powerful secretary-general of the governing ANC, sounded furious this week. In what must qualify as the most ironic case of “we’ve heard all that before”, he blamed the platinum […]

Platinum Strike: Where to Now? [Updated]

  Update: Late yesterday news broke of an “in principle” agreement on a new wage offer between Amcu and the platinum producers. According to www.platinumwagenegotiations.co.za, which is run by the platinum producers, Amcu will be taking this offer to striking mineworkers for a mandate to accept the offer. It is believed that this new offer consists of an […]