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Xstrata deal reached after union threatened strike over free worker shares

Frik Els | November 02, 2011 | 7:44 pm Energy Africa Europe Coal 

South Africa's National Union of Mineworkers (NUM) called off a strike on Wednesday after reaching a deal with Xstrata over the coal giant's voluntary employee share ownership plan. Xstrata agreed to allocate shares to workers equally and not based on...

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