Orocobre shares crushed on weak lithium prices, outlook

The Lonmin violence is "a strike by the poor against the state and the haves" says analyst.

The actual strike isn’t a deterrent to investors. But certainly the inability to get it under control will be of concern, particularly as this is now the third platinum mine that has seen conflict resulting in deaths this year.

The news follows the closure of Lonmin's Marikana mine in the NorthWest province of South Africa after clashes between rival unions and police left 44 dead.

More than just rivalry between unions, the platinum mine violence in South Africa has implications for the ruling ANC alliance.

Angola's state-run diamond company Endiama has partnered with six other firms in order to explore a mining concession in the regions of Lunda Norte and Sul.

Investors sent platinum group metals higher after the massacre in South Africa.

A standoff between hundreds of strikers wielding pangas and sticks at London-listed Lonmin's Marikana mine ended when police began firing on a surging crowds leaving many dead.

Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.

South African police began firing on a surging crowd of workers leaving 18 people dead.