All data is delayed
See More

New offer for Amplats strikers

Nov 14 2012 09:02

A striking Amplats worker

Company Data


Last traded 197
Change -3
% Change -1
Cumulative volume 392425
Market cap 0

Last Updated: 01-12-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA


Last traded 88
Change 0
% Change 0
Cumulative volume 3387317
Market cap 0

Last Updated: 01-12-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Tough times ahead for new Anglo CEO

Amplats miners: We'd rather die

Amplats: Mining in financial distress

Sacked miners get time to reclaim jobs

Why mining isn't football

Xmas without Carroll

Johannesburg - Anglo Platinum [JSE:AMS] (Amplats) has made a new offer to striking workers, a labour leader said on Wednesday, after two months of wildcat action that has cost it about R2.2bn worth of output so far.

Amplats, a unit of global mining giant Anglo American [JSE:AGL], gave the strikers workers until today to return to work or face sacking.

"Yesterday we had a meeting with the management and today we are giving the miners feedback. There is a new offer," Evans Ramokga, a labour leader at Amplats, told Reuters.

He could not disclose the details of the new offer, saying it had to be communicated to the workers first.

The strikers had rejected Amplats' previous offer that included a R4 500 one-off payment and a pledge to start wage talks ahead of the expiry of current agreements next year.

Amplats spokesperson Mpumi Sithole said she had yet to get the details of the outcome of the meeting between the management and miners.

South Africa's gold and platinum sectors have been rocked by months of illegal and often violent strikes that have resulted in over 50 deaths, mostly at the hands of police. Most of the affected gold operations are back to work.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

anglo american  |  amplats  |  mining unrest


Read Fin24’s Comments Policy 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
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

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

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote