Market Commentary and Intraday News
News Summary: S. Africa vows to end mine violence
252 days ago
By The Associated Press
MINING VIOLENCE: South African police fired stun grenades to disperse striking miners Friday, hours after President Jacob Zuma's government vowed to halt illegal protests and disarm strikers it fears are threatening the country's biggest industry.
POLICE ACTION: It was the first time police have acted against protesting miners since they killed 34 strikers Aug. 16 at Lonmin platinum mine, sparking outrage.
NO DEAL: Miners, in the fifth week of a bitter strike at the Lonmin mine, rejected a company wage offer way below their demand. Strikers are calling for walkouts at mines across South Africa.
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