
Miner Lonmin LMIJ.J (LMI.L: Quote) said on Friday that there was unspecified industrial action taking place at its Marikana operations in South Africa by members of the National Union of Mineworkers (NUM).
"Lonmin announced today that it is currently experiencing unprotected industrial action by NUM members at the Karee operations of its Marikana operations. As a result, production at Karee has been disrupted since the night shift of Tuesday 17th May," it said in a statement.
Lonmin Plc (LMI), the third-largest platinum producer, started a prefeasibility study on a third furnace as part of preparations for possible expansion beyond its current 2015 production target.
Susan Shabangu, announced a major overhaul of South Africa's mining legislation, Tuesday and added ICT and Lonmin matter to be taken to the cabinet.
Lonmin has signed two contracts to construct chrome recovery plants at its Marikana platinum operation in South Africa, enabling it to gain chrome by-product revenues
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.