Today's Labour News

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platinumbarBusiness Report writes that the first week of long-anticipated wage negotiations between platinum mining companies and the respective unions have begun with mining companies to respond to tabled demands next week.  

Anglo American Platinum (Amplats), Impala Platinum (Implats) and Sibanye Stillwater, as well as other junior miners, received the varying demands from unions, which included dominant player the Association of Mineworkers and Construction Union (Amcu) as well as the National Union of Mineworkers (NUM) (which is not represented at Implats).  “We have just tabled our demands for a R17,000 basic salary, R7,000 housing allowance and other conditions of employment that are part of the negotiations.  This is only the first week and we will be getting responses from the mining companies next week,” Amcu’s national treasurer Jimmy Gama confirmed on Wednesday.  The NUM confirmed that it had tabled a 15% basic pay increase or R1,500 rise, whichever was greater, as it had different package demands at different mines.  “We will be tabling our demands at the various companies all this week, including Sibanye Stillwater today Wednesday).  This is just the start of the process.  We will have feedback once the companies start responding,” said the NUM’s William Mabapa.  The wage talks are expected to be tough, as higher prices for palladium and rhodium and a weaker rand currency have boosted profits at miners such as Amplats, Sibanye – now combined with Lonmin – and Implats after several years of losses.

  • Read more of Banele Ginindza’s report in the above regard at SA Labour News

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