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Tuesday, 18 September 2012 - Striking South Africa miners cut wage demands |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  Disputed islands Protests break out over disputed islands in the East China Sea.  Slideshow  Will & Kate's Asia tour The royal couple are on a nine-day tour of Southeast Asia and the South Pacific.  Slideshow  Striking South Africa miners cut wage demands Tweet Share this Email Print Related News South Africa police bar ANC rebel in miner strike crackdown Mon, Sep 17 2012 UPDATE 2-Amplats to resume work as S.Africa police get tough Sun, Sep 16 2012 South Africa police fire tear gas at strikers near massacre site Sat, Sep 15 2012 Striking South African miners reject Lonmin pay offer Fri, Sep 14 2012 South African miner threats pressure ANC Thu, Sep 13 2012 Analysis & Opinion Witness to the Lonmin shootings Related Topics World » Protesters hold placards as police officers stop them from proceeding with their march in Rustenburg, South Africa's North West Province September 16, 2012. Credit: Reuters/Siphiwe Sibeko JOHANNESBURG | Tue Sep 18, 2012 3:10am EDT JOHANNESBURG (Reuters) - Strikers at Lonmin's Marikana mine in South Africa have cut their basic wage demand to below 11,000 rand ($1,300) a month to try to end a six-week strike that halted platinum output at the world's third-largest producer, a negotiator said on Tuesday. The demand is still way above the offer on the table from Lonmin. The company, which is offering increases of between 9 and 21 percent, has said 12,500 rand would put thousands of jobs at risk and challenge the viability of the business. Basic pay for most underground workers is currently around 5,400 rand. A Lonmin official said talks between the various parties had extended to 3 a.m. (0100 GMT) on Tuesday. They are due to resume at 1000 GMT. "The demands came down to below 11,000 rand," Bishop Jo Seoka, who has been mediating in the talks between Lonmin and workers, told Reuters. "I'm very confident that something is going to happen today." The strike turned violent last month, culminating in police shooting 34 miners at a rocky outcrop at Marikana, 100 km (60 miles) northwest of Johannesburg. In all, 45 people have died in the Marikana unrest, which has spread beyond Lonmin to other platinum firms and other parts of the mining sector. Anglo American Platinum (Amplats), the world's top producer of the precious metal, said workers started trickling back to its Rustenburg mines on Tuesday after operations were suspended last week when machete-wielding strikers marched on shafts. More details on shift worker attendance will be provided later on Tuesday. South Africa is home to 80 percent of known reserves of platinum and is a major gold producer. Labor unrest this year has cost the industry 4.5 billion rand ($548 million) in lost output, President Jacob Zuma said on Monday. Fearing the strike's growing impact on the economy and South Africa's investment reputation, the government launched a crackdown at the weekend that has included deploying members of the armed forces. ($1 = 8.2075 South African rand) (Reporting by Agnieszka Flak; Editing by Ed Cropley) World Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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