Lonmin workers cheered as they learned they will finally return to work on Thursday at the platinum mine in Marikana, which is 60 miles northwest of Johannesburg, with a 22% payrise after six weeks of strikes, Reuters has reported.
World No. 1 platinum producer Anglo American Platinum said it, too, had resumed its operations in the strike-hit Rustenburg area.
South African President Jacob Zuma has estimated that the country's labour unrest has cost the industry 4.5 billion rand (£295 billion).
The standoff between striking miners and South African authorities hardened as workers rejected a new deal and 'gatherings' were banned.
The expelled ANC firebrand politician Julius Malema tells ITV News black South Africans are worse off now than they were during apartheid.
Fifty of the South African miners who were charged with the murder of their colleagues have celebrated their freedom outside a courthouse.