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Johannesburg - The National Union of Metalworkers of SA (Numsa) has signed the wage offer by Anglo Platinum (Amplats) [JSE:AMS], the mining company said on Thursday.
"The offer, which was accepted in December 2013 by the National Union of Mineworkers and the United Association of South Africa, will be applied to all employees in the Numsa bargaining unit," spokesperson Mpumi Sithole said in a statement.
"The agreement stipulates the wages and other conditions of employment for operational employees for the period July 1 2013 to June 30 2015."
This equated to wage increases of a 8.5% per annum increase for A to B2 employees, 8% for B3 to B7 employees and 7.5% for C to D1.
From year two there would be an 8% increase for all employees.
Numsa could not be reached for comment.
In January, Numsa said it was planning on striking at Amplats.
In February, the metalworkers union reportedly called a strike at Amplats’s processing division.
Amplats chief executive Chris Griffith welcomed Numsa's acceptance.
"We are delighted that Numsa has accepted our offer and realises that we have provided a fair and reasonable offer to our employees within our financial constraints," he said.
"We would like to acknowledge the contribution and support of our stakeholders, government, the Commission for Conciliation, Mediation and Arbitration (CCMA) and Numsa for all working together to enable us to settle this wage agreement."
Meanwhile, a strike at Amplats, and other platinum producers, by the Association of Mineworkers and Construction Union (Amcu) rumbles on.
