Advertisement
Canada markets closed
  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CAD/USD

    0.7256
    -0.0007 (-0.10%)
     
  • CRUDE OIL

    83.70
    +0.97 (+1.17%)
     
  • Bitcoin CAD

    85,641.83
    +824.77 (+0.97%)
     
  • CMC Crypto 200

    1,297.91
    +412.38 (+45.87%)
     
  • GOLD FUTURES

    2,398.70
    +0.70 (+0.03%)
     
  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     
  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     
  • NASDAQ futures

    17,419.25
    -128.00 (-0.73%)
     
  • VOLATILITY

    18.00
    -0.21 (-1.15%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • NIKKEI 225

    37,299.01
    -780.69 (-2.05%)
     
  • CAD/EUR

    0.6825
    +0.0004 (+0.06%)
     

Lonmin reaches wage agreement "in principle" with South African union

A mine worker returns from the Lonmin mine at the end of his shift, outside Rustenburg October 5, 2015. REUTERS/Siphiwe Sibeko/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD MAY 16' FOR ALL IMAGES - RTSEFSI (Reuters)

JOHANNESBURG (Reuters) - Platinum mining company Lonmin has reached an agreement "in principle" with South Africa's AMCU union over wages and other conditions of employment, its spokeswoman said on Friday. "They've committed to us that they're going to be seeking a mandate from their members to rectify that agreement," Wendy Tlou said. (Reporting by Nqobile Dludla; editing by Susan Thomas)