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South Africa platinum strike causing 'irreparable' damage - producers
March 25, 2014 / 6:44 AM / 4 years ago

South Africa platinum strike causing 'irreparable' damage - producers

JOHANNESBURG (Reuters) - Platinum producers Anglo American Platinum (AMSJ.J), Impala Platinum (IMPJ.J) and Lonmin (LMI.L) said on Tuesday a strike now in its ninth week at their South African mines was causing irreparable damage to the sector and local economy.

Wage talks between the companies and the striking AMCU union have broken down, although the world’s top three platinum producers said they were open to discussions “within a reasonable settlement zone”.

Reporting by Xola Potelwa; Editing by Ed Cropley

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