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Amcu postpones CCMA platinum wage talks

Feb 14 2014 09:50
Platinum bars

(Picture: Shutterstock) (Shutterstock)

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Johannesburg  - Talks between the Association of Mineworkers and Construction Union (Amcu) and the CCMA about a wage strike in the platinum sector will be postponed to next week, a union leader said on Friday.

The mediator was scheduled to meet Amcu officials on Friday but the union said it was organising a funeral of a steward who was killed in a clash with police at an Anglo American Platinum (Amplats) mine last week.

"We will be available next week," Amcu president Joseph Mathunjwa told eNCA television.

The state mediator met producers separately on Thursday.

Members of Amcu downed tools three weeks ago at Amplats, Impala Platinum and Lonmin after wage talks failed. Hitting over 40% of global output of the precious metal, the strike is stoking tensions on the platinum belt.

The stoppages are costing the country an estimated $36m a day and are an unwelcome distraction for President Jacob Zuma and the ruling African National Congress three months before general elections.

Amcu wants basic pay to more than double to R12 500 a month, which companies say they can ill afford as they grapple with soaring costs and depressed global demand for the metal used for emissions-capping catalytic converters in vehicles.

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amcu  |  ccma  |  platinum  |  mining unrest

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