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December 1, 2008
Now Lonmin says 1 500 Limpopo jobs at risk, flags 2009 BEE vulnerability
JOHANNESBURG (miningweekly.com) - The world's third-largest platinum producer, Lonmin Platinum, on Monday formally announced the possible reduction of another 1 500 jobs, this time at its "unprofitable" Limpopo platinum operation, following Friday's announcement that 4 000 jobs were also at risk at its "engine" operation, Marikana.
In a separate interview with Mining Weekly Online, it also flagged possible 2009 vulnerability for its black economic empowerment (BEE) partner, Incwala Resources.
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Posted by StaffWriter at December 1, 2008 7:31 AM