June 25, 2014 2:25 PM

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Unions sign deal with mining cos ending S Africa's longest strike

Union leaders have signed a wage deal with South Africa's biggest platinum mining companies, ending the nation's longest-running strike. The Association of Mineworkers and Construction Union (AMCU) has agreed deals with Lonmin, Impala Platinum and Anglo American Platinum. As a result workers' salaries will increase to 12,500 rand a month by 2017. The AMCU's striking members will return to work today. The chief executives of the three mining firms said in a joint statement, the road ahead remains a challenging one and it will take some time for our operations to resume full production.

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