Johannesburg - The National Union of Mineworkers (Num) said on Wednesday it had agreed to a two-year wage deal with Anglo Platinum [JSE:AMS], the world’s top producer of the precious metal which accounts for about 40% of global supply.
The union said Amplats agreed to raise wages by between 8% and 10%, depending on worker category. The union was demanding a 15% rise.
The Num’s wage talks with Impala Platinum are now in arbitration, while negotiations with Northam Platinum and Lonmin are expected to resume in September.
The union said Amplats agreed to raise wages by between 8% and 10%, depending on worker category. The union was demanding a 15% rise.
The Num’s wage talks with Impala Platinum are now in arbitration, while negotiations with Northam Platinum and Lonmin are expected to resume in September.