Advertisement
UK markets close in 1 hour 36 minutes
  • FTSE 100

    7,849.37
    -27.68 (-0.35%)
     
  • FTSE 250

    19,330.88
    -119.79 (-0.62%)
     
  • AIM

    743.42
    -1.87 (-0.25%)
     
  • GBP/EUR

    1.1673
    -0.0010 (-0.09%)
     
  • GBP/USD

    1.2460
    +0.0021 (+0.17%)
     
  • Bitcoin GBP

    52,055.50
    +1,956.81 (+3.91%)
     
  • CMC Crypto 200

    1,331.73
    +19.10 (+1.48%)
     
  • S&P 500

    5,012.39
    +1.27 (+0.03%)
     
  • DOW

    37,939.46
    +164.08 (+0.43%)
     
  • CRUDE OIL

    82.85
    +0.12 (+0.15%)
     
  • GOLD FUTURES

    2,400.40
    +2.40 (+0.10%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,730.88
    -106.52 (-0.60%)
     
  • CAC 40

    8,020.06
    -3.20 (-0.04%)
     

S.Africa mining union NUM to challenge Lonmin's planned job cuts

JOHANNESBURG, July 24 (Reuters) - South Africa's National Union of Mineworkers (NUM) said on Friday it was "shocked" by platinum producer Lonmin (LSE: LMI.L - news) 's plan to cut 6,000 jobs and would challenge the retrenchments.

"As the NUM, we are going to fight against any job losses. It is very painful to see that these mining companies take the decisions of cutting jobs easy," the union said in a statement. (Reporting by Olivia Kumwenda-Mtambo; Editing by James Macharia)