The revelation could undermine trust built up in the platinum belt since Marikana.
It's now up to the shareholders to decide the fate of the one-time investors' darling, mining company Lonmin.
The planned 6 000 job cuts include contractors and staff who took voluntary redundancy packages offered in May.
Advocacy group agrees not to make statements that will adversely affect company’s share price
Having recently blasted corporate tax evaders, the deputy president now has egg on his face after Lonmin's Bermuda tax avoidance tactics surfaced.
Lonmin’s chief commercial officer Albert Jamieson was asked why the company had failed to pursue every option at its disposal to avoid violence.
Pay cheques are in but many business owners will struggle to recover from the five-month platinum mine wage dispute.
Retrenchments in the platinum mining sector are now all but inevitable, say labour experts.
Miners returning to work received food parcels, health supplements and transport relief, but will have to undergo medicals and retraining.
The Amcu leader's speech to members at the end of the historic strike became an exercise in obfuscation, omission and, at times, pure fabrication.
The trade union says Amcu's latest counter proposal on behalf of mineworkers borders on negotiating in bad faith and "defeating the ends of justice".
The president is under pressure to buoy investor confidence with his State of the Nation Address amid a credit-rating downgrade and ongoing strike.
Striking miners are getting state help – but only if they are early, and South African.
Does Gwede Mantashe expect us to believe that four people are solely responsible for the longest, most bitter strike in South Africa's history?
Platinum stockpiles and a market surplus mean the mineworker strike is almost convenient for the mining companies.
The mines minister says a state task team that intervened in Amcu's wage negotiations has "done enough work" for the parties to continue.
A new report says platinum mines could have afforded to pay workers more.
Strike talks between government, platinum miners and Amcu are due to resume after reports the mineworkers' union rejected a pay offer by government.
A member of Lonmin management has faced strong criticism for not being willing to negotiate directly with the miners during their strike.