Lonmin plans to cut 4 100 workers as it closes platinum mines

Lonmin plans to cut 4 100 workers at mines that have run out of profitable ore and are being closed. The platinum producer has started a process that’s required under South African labour law to carry out the workforce reductions, said Wendy Tlou, a spokesperson for the company. The layoffs will come from six old mines that have run out of commercially viable ore.