Strike action hits Northam Platinum

[miningmx.com] — The management of platinum miner Northam Platinum said on Monday that about 80% of employees at its Zondereinde mine near Thabazimbi in the Limpopo province, embarked on strike action with effect from the night shift on Sunday 5 September.

The local branch committee of the National Union of Mineworkers (NUM) served the company with notice to strike on Thursday 2 September following the NUM’s rejection of the company’s increased wage offer of 8%, and a similar increase in the living out allowance to R1 728 per month.

Zondereinde produces approximately 1 000 ounces – platinum, palladium, rhodium and gold – per day. At current rand basket price levels, revenue losses are estimated to be R9 million a day, the company said.