trading halt, page-27

very sad.

militant unions are causing all sorts of issues for the majority of mining companies in SA.

Lonmin fired its 9,000 strong Karee mine workforce and has started with it's reselection process.

http://www.iol.co.za/business/business-news/thousands-reapply-for-lonmin-jobs-1.1074126

"Eastern Platinum has just settled wage negotiatons with a deal amounting to a 10% annual rise in cost to company".

"The National Union of Mineworkers (Num) has just tabled demands for the next round of industry wage negotiations. These include pay rises ranging from 14% to 25%, coupled with a 45% increase in workers? living out allowance".

http://www.miningmx.com/news/platinum_group_metals/platinum-australia-has-to-deliver.htm