Thursday, August 16, 2012
If we had union members as serious as these MCFARLANE might not be so smug
(Reuters) - Platinum miner Lonmin warned on Thursday it was likely to miss its full year production and cost targets after losing thousands of ounces following violent clashes between unions that forced it to freeze mining at its South African operations.
The miner said eight Lonmin workers and two policemen had been killed in the violence that began last Friday -
Adding to its woes, the company said its chief executive, Ian Farmer, had been diagnosed with a serious illness and taken to hospital. Chairman Roger Phillimore has temporarily taken on Farmer's day-to-day responsibilities.
Violent clashes force Lonmin to warn on production | Reuters