March 5 (Reuters) - Lonmin PLC
* Update on protected strike action
* CCMA has deemed the respective parties' current position to be too far apart to warrant further mediation at this stage.
* As of today Lonmin has lost around 90,000 saleable platinum ounces
* Unit cost guidance will as a result also be negatively impacted
* Lonmin, Amplats and Implats have proposed a three year wage agreement on a guaranteed package with increases ranging from 7.5 to 9 pct
* Announces that it will not achieve its sales guidance of in excess of 750,000 platinum ounces
* Lonmin remains open to resolution of the impasse with AMCU
* Now expects sales for the full year ending 30 September 2014 to fall further the longer the protected strike continues
* The longer the strike, the greater the impact on higher cost shafts, ability to return to normal operating environment & obviously on jobs -CEO
* We continue to review our options to safeguard the business-CEO
* Source text for Eikon:
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