Platinum producers, Amcu to meet on new wage offer

2014-04-21 13:18

Negotiations between platinum producers and the Association of Mineworkers and Construction Union (Amcu) are expected to resume tomorrow, following a new wage offer tabled for the striking mineworkers.

Impala Platinum (Implats) had not received formal feedback from Amcu since the new offer was tabled last week, spokesperson Johan Theron said today.

“It is not so easy for Amcu to consult their members over the long weekend.

“We will have to wait and see how we will progress on negotiations from tomorrow when we meet again,” he said.

Anglo American Platinum (Amplats), Implats and Lonmin have presented Amcu with a new offer in a bid to end the three-month-long strike in the platinum sector.

The proposal would see entry-level underground employees’ minimum cash remuneration, comprising basic wages and holiday, living out and other allowances, rise to R12 500 per month, or R150 000 per year by July 2017.

Cash remuneration excluded medical and retirement benefits and any bonuses.

Amplats spokesperson Mpumi Sithole said her company would also be part of the meeting, to be facilitated by the Commission for Conciliation, Mediation and Arbitration (CCMA).

Lonmin spokesperson Sue Vey could not be reached for comment.

The company had indicated that it would only release a statement on the offer tomorrow.

The 12-week strike had so far resulted in R6bn in employees’ lost earnings and R13bn in companies’ revenue lost, according to the Chamber of Mines’ website.

Thousands of Amcu members downed tools on January 23 to push for a basic monthly salary of R12 500. The union previously rejected a wage increase of up to nine percent.

The companies, in turn, rejected Amcu’s revised demand that the R12 500 could be achieved over four years.

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