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All quiet on Amplats front

Oct 30 2012 07:58
Sapa

Company Data

ANGLO AMERICAN PLATINUM LIMITED [JSE:AMS]

Last traded 339
Change 29
% Change 9
Cumulative volume 431949
Market cap 0

Last Updated: 23-01-2017 at 05:06. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - There was no word on Tuesday on the outcome of a meeting between Anglo Platinum [JSE:AMS] (Amplats) and representatives of striking workers, the company said.

Spokesperson Mpumi Sithole confirmed the meeting had ended on Monday evening but comment on the results were not yet available.

Amplats said in a statement at the weekend it had reached an agreement with unions and workers' representatives to reinstate the 12 000 employees dismissed, and that they were expected to return to work on Tuesday.

The Rustenburg strike co-ordinating committee said it was going to meet the company to discuss its salary demands.

Spokesperson Gaddafhi Mdoda said the workers would not return to their posts on Tuesday despite a proposal for them to do so.

"The strike is on. Workers have crushed the proposal to return to work," he said.

Mdoda said workers had heard of the agreement to return to work through the media, which made it difficult for their representatives to explain the agreement to them.

"We have been in meetings with management and the unions. We cannot take any offer without consulting the workers. They have rejected the offer."

He expressed concern that the situation could turn violent on Tuesday if some workers did report for duty.

"We have not signed that agreement. The sms sent (by the company) to workers is complicating this issue and confusing workers. We call on workers not to be violent, but to resolve this peacefully."

 

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