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South Africa's AMCU union plans strike at platinum miner Lonmin

Reuters - UK Focus

JOHANNESBURG, Feb 21 (Reuters) - South Africa's AMCU union plans to down tools at platinum miner Lonmin (Berlin: 30318982.BE - news) next week in support of colleagues at rival miner Sibanye-Stillwater striking over wages and job cuts, Lonmin (LSE: LMI.L - news) said on Thursday.

Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs at its gold mining operations, where AMCU has been on strike since mid-November over a wage dispute.

"Lonmin can confirm that the company, on Wednesday 20 February 2019, received written notice of a secondary strike action from AMCU to take place at its operations in support of the protected strike action at Sibanye-Stillwater Gold operations," the company said in a statement.

Shares (Berlin: DI6.BE - news) in Lonmin fell 6.7 percent to 12.60 rand at 0914 GMT, lagging a 0.1 percent rise for the JSE All-share index.

Lonmin said it was in the process of obtaining legal advice on AMCU's notice. (Reporting by Tiisetso Motsoeneng Editing by David Goodman)