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S. Africa Platinum Union, Mines Sign Wage Deal

The world's three biggest platinum firms signed a wage deal with South Africa's AMCU union on Tuesday but said that fallout from a five-month strike made job cuts and restructuring inevitable, setting the scene for more labor turmoil.   The three-year agreement with Anglo American Platinum, Impala Platinum and Lonmin ended South Africa's longest and costliest strike. The union's 70,000 striking members will return to work on Wednesday.   Association of...

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