Loading...
See More

Miners accept Amplats offer - NUM

Nov 14 2012 20:10
Amplats worker

Amplats (Picture: AFP)

Company Data

Anglo American Plat Ltd [JSE:AMS]

Last traded 0
Change 8,92
% Change 0
Cumulative volume 532607
Market cap 88.99bn

Last Updated: 18-12-2014 at 04:35. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

New offer for Amplats strikers

Sacked miners get time to reclaim jobs

Amplats threatens strikers with sacking

Amplats miners: We'd rather die

Amplats strikers to meet unions

Tough times ahead for new Anglo CEO

 

Johannesburg - Striking mineworkers have accepted a new offer by Anglo American Platinum, the National Union of Mineworkers (NUM) said on Wednesday.

Workers had agreed to a R4 500 once-off payment and a pre-tax, stand-alone allowance of R600 a month, said NUM Rustenburg co-ordinator Mxhasi Sithethi.

Workers were given the option of the R600 allowance or a salary increase of R400 a month.

Sithethi said the union would meet mine management on Thursday to formalise the agreement.

The company was offering workers deadline-driven incentives to return to work at its Rustenburg, Amandelbult and Union mines, where operations have been at a standstill for eight weeks over a pay increase demand.

Amplats said it would open next year's salary negotiations early, but any agreement would only apply from July.

It fired 12 000 striking workers from its Rustenburg operations, but said it would take them back on condition they arrived for work by certain dates, which has not happened.

The company initially gave workers until Monday to accept the R4 500 offer, then extended the deadline to Wednesday.

Mametlwe Sebei, a member of the miners' national strike committee - a group formed when workers expressed discontent over the NUM's representation of them in salary negotiations - said the company's increase offer was "a very important step forward".

"This is an actual increase, this is not just a go-back-to-work offer. It is constructive."

At the start of the strike, workers said they wanted a salary of R12 500 a month.

amplats  |  num  |  mahikeng  |  labour  |  mining  |  mining unrest
NEXT ON FIN24X

 

Lastest Articles

Here is how to check your credit score and manage it Read More...
Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
20 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...