JSE-listed platinum miner, Lonmin, is set to address worker’s wishes for better benefits, higher salaries and improved living conditions, CEO Ben Magara, said on Tuesday.

“This is something we need to work towards together and these are all linked to our industry’s financial reality,” Magara said in the company’s annual report which came out on Tuesday.

“To achieve these, it is necessary that the business is stable and runs at optimal levels and profits. When everyone is pulling in that direction, everyone wins,” Magara continued.

Magara made these comments as Lonmin faces yet another strike either before Christmas this year or early next year.

Last week, it emerged that South Africa’s militant workers’ union, the Association of Mineworkers and Construction Union (AMCU), would go on a wage strike against Lonmin.

AMCU is a majority union at Lonmin’s Rustenburg operations, the scene of bloody and violent clashes between police and striking workers late last year.

Many observers are concerned that this strike could be as violent as last year’s wage strike against Lonmin’s Rustenburg’s mine.

A violent strike may negatively impact South Africa’s markets and the general economic stability in the country.

The last time AMCU went on a wild cat wage strike against Lonmin in August last year, more than 50 people were killed, leading to what is now known as the Marikana Massacre.

Some people were killed by striking miners while about 34 people were shot and killed by police on August 16 at Lonmin’s mine in Rustenburg.

This had a negative impact on the markets and the manner in which international investors viewed the country’s attractiveness as an investment destination.