Today's Labour News

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amcu thumb medium80 81Miningmx reports that the Association of Mineworkers and Construction Union (Amcu) is confident of reaching a wage agreement with Impala Platinum (Implats) and possibly Anglo American Platinum (Amplats) in the near future.  

This was indicated by the union’s president, Joseph Mathunjwa, on Wednesday, but he did not refer to the third major group currently involved in platinum wage negotiations, namely Sibanye-Stillwater.  Amcu has referred its deadlock over wages with Amplats and Sibanye to the CCMA for mediation, but not its negotiations with Implats.  Amcu remains adamantly opposed to Sibanye’s plans to retrench over 5,000 people at its Marikana operations that were taken over from Lonmin and Mathunjwa reportedly said at a press conference earlier this week that Amcu had an appetite for a strike.  Addressing the Joburg Indaba, Mathunjwa reiterated his conviction that the previously-held Lonmin operations were highly profitable and that Sibanye did not need to retrench.  “It’s about profits at all costs,” he said.  To an audience consisting largely of senior mining executives and analysts, he asserted that the problem that SA needed to address was not corruption, it was inequality.

  • Read the full original of the report in the above regard by Charlotte Mathews at Miningmx
  • Read too, Sibanye ‘lying’ about need for layoffs, at The Citizen

Get other news reports at the SA Labour News home page