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Empresas y finanzas

Lonmin pay offer well short of 12,500 rand demanded


    JOHANNESBURG (Reuters) - Mining firm Lonmin has offered to raise the basic salary of entry-level workers in South Africa to around 5,500 rand, below the 12,500 rand demanded by wildcat strikers, the National Union of Mineworkers (NUM) said on Friday.

    NUM General Secretary Frans Baleni told Reuters that talks about the offer were due to start around 6:00 a.m. EDT. The five-week strike has brought LONMIN (LMI.LO)s operations to a standstill.

    (Reporting by Sherilee Lakmidas; Editing by Ed Cropley)