Strike deal held up on surprise AMCU response
The Association of Mineworkers & Construction Union is pushing for wage concessions that extend beyond the mandate of the platinum companies.
Tharisa bullish as PGM, chrome supplies tighten
Tightening supply of chrome ore and platinum group metals would help lift Tharisa's second half assisted by the firm's optimisation drive.
RBPlat upbeat on wage deal with NUM
As one round of wage negotiations ends, another begins with Royal Bafokeng Platinum saying it was in positive ahead of wage talks with the National Union of Mineworkers.
Wage deal “imminent”: Mathunjwa
However some key issues remain unresolved including the length of the proposed wage deal said AMCU president, Joseph Mathunjwa.
Platinum firms dangle R1,000/m basic pay lift
Implats has offered a R1,000 per month pay increase taking the basic pay lift over five years to 18% but keeping other benefits in line with inflation.
AMCU to take increased wage offer to members
AMCU has agreed to take an increased offer by platinum producers to members today in a development that Impala Platinum said had left it "quietly optimistic".
Wage deal in the mix as AMCU mulls response
Reports say AMCU members are mixed on whether to accept or reject a platinum wage deal leaving a strike resolution frustratingly elusive.
Platinum stirs, but analysts fear false dawn
Platinum improved $30/oz, but analysts said there was not enough evidence the strike had depleted above ground stocks to signal a shift in the metal's fortunes.
Housing subsidy key to ending strike: Govt.
South African mines minister, Ngoako Ramatlhodi, said wage talks had progressed with the sides sticking on two basic points of which one was housing subsidies.
Platinum strike goes on as Govt talks fail
The Inter-Governmental Task Team has been dissolved without finding a way to end a 20-week strike over wages in South Africa's platinum industry.