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NUM and Implats settle wage dispute

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The National Union of Mineworkers has signed a wage deal with Impala Platinum over the weekend.

PTM scopes for massive $1bn Waterberg palladium mine

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PLATINUM Group Metals (PTM) today unveiled details of its palladium-rich Waterberg PGM project which would create 3,361 jobs and cost just over $1bn to...

Solidarity seals wage deal with Lonmin

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Trade union Solidarity says it has reached a two-year wage agreement with platinum miner Lonmin that will see its members get pay rises of up to 8%.

Implats warns unions of “alternative arrangements” to wages if lockdown extended

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IMPALA Platinum (Implats) would not be able to guarantee the payment of employee wages were the South African government to extend the 21-day lockdown. "Management...

Valterra CEO confident platinum price rally is sustainable

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THIS year’s Platinum Week conference in London in May was a turning point for platinum group metals (PGMs) and the miners, said Valterra Platinum...

Froneman warns Lonmin deal is off should it fail cost out...

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NEAL Froneman warned Ben Magara's Lonmin that failing to deliver on the platinum firm's restructuring plans would see the withdrawal of Sibanye-Stillwater's R5.1bn all...

Union rivalry again halts Implats operations

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Implats says its Rustenburg operations will be affected by 3,000 platinum ounces daily due to another union rivalry-related unprotected work stoppage.

Labour pact just a pre-election palliative?

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The labour, union and government pact that AMCU may or may not sign has been dismissed as a short-term, pre-election palliative by its critics.

Implats’ Muller says strike at Rustenburg shafts would be “devastating”

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A STRIKE at the premises of Impala Platinum’s (Implats’) Rustenburg shafts would be “devastating” and “heart-breaking”, said the firm’s CEO, Nico Muller.   Muller was responding...

Platinum offer ‘won’t break strike’

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A REVISED offer tabled by the world’s three biggest platinum producers, aiming to end a three-month strike, will be insufficient to get negotiators to a settlement before the elections on May 7, said Investec Asset Management.