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Tuesday, 21 August 2012 - Lonmin says sacking striking miners could lead to more violence |
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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 Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Video Reuters TV Reuters News Article Comments (0) Pictures Editor's choice Our best photos from the last 24 hours.  Slideshow  Follow Reuters Facebook Twitter RSS YouTube Read Dental health linked to dementia risk: study 20 Aug 2012 Ethiopian strongman Meles dies abroad 3:35am EDT Romney battles Obama for cash advantage in election | 12:30am EDT Nearly half of US doctors struggle with burnout: study 2:12am EDT U.S. Army battling racists within its own ranks 1:01am EDT Discussed 138 Obama’s lead over Romney grows despite voters’ pessimism 122 Romney to announce vice presidential choice Saturday 94 Analysis: Are Israelis tough enough for a long war with Iran? Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption  Seeing double A look at the world of twins.  Slideshow  Suicides in China A look at attempted suicides in China and their aftermath.  Slideshow  Lonmin says sacking striking miners could lead to more violence Tweet Share this Email Print Related News Workers at South African mine trickle back to work after 44 killed Mon, Aug 20 2012 Platinum hits two-month high on South Africa supply fear Mon, Aug 20 2012 PRECIOUS-Platinum hits 2-month high on S.Africa supply fear Mon, Aug 20 2012 UPDATE 4-Lonmin workers trickle back to mine after 44 killed Mon, Aug 20 2012 Lonmin says operations resume at Marikana mine Mon, Aug 20 2012 Related Topics World » Police keep watch as women sing before the arrival of some of the 250 mine workers who were arrested last Thursday when they had a shoot out with police, at a Garankuwa court outside Pretoria August 20, 2012. Credit: Reuters/Stringer JOHANNESBURG | Tue Aug 21, 2012 2:33am EDT JOHANNESBURG (Reuters) - Lonmin, the world's third-largest platinum producer, on Tuesday conceded that sacking 3,000 striking workers at its Marikana mine near Johannesburg, South Africa, could lead to more violence. Police last week opened fire on strikers armed with machetes and sticks, killing 34 and raising the death toll from the week-long dispute to 44. "It won't help anyone if Lonmin goes out and dismisses a whole lot of people for not coming to work today. It will set us back significantly in terms of violence, in terms of building trust," Mark Munroe, Lonmin executive vice-president for mining, told a local radio station on Tuesday morning. London-based Lonmin on Monday extended its ultimatum for striking workers to return to duty to Tuesday morning, but workers continued to trickle in as the deadline expired. The company said that 30 percent of the 28,000-strong workforce reported for work on Monday, with some shafts reporting a 60 percent attendance. "We are not going to go out to actively try to fire anyone, but also there are consequences for someone who is not coming to work," Munroe added. Lonmin, which accounts for 12 percent of global platinum output, was forced last week to freeze mining as a result of the violence, but essential services such as ventilation were maintained so the mines could quickly restart production. The platinum producer's shares have tumbled almost 13 percent in Johannesburg in the past five days, with the price of platinum climbing to a two-month high of $1,492.99 an ounce on Monday. (Reporting by Sherilee Lakmidas; Editing by David Goodman) 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. 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