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

Reuters - UK Focus

JOHANNESBURG, Oct (HKSE: 3366-OL.HK - news) 21 (Reuters) - Platinum mining company Lonmin (LSE: LMI.L - news) 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)