Share

D-Day for mine strike deal

Cape Town - Labour and mining firms will have to reach a final agreement on Monday to end the prolonged platinum wage dispute.

The mineral resources department has been negotiating with the Association of Mineworkers and Construction Union (Amcu) and Lonmin [JSE:LON], Impala Platinum [JSE:IMP] and Anglo Platinum [JSE:AMS].

Mineral Resources Minister Ngoako Ramatlhodi set up an inter-governmental technical team to help end the crippling five-month strike.

On Friday he said that negotiations had entered a sensitive stage, but on Saturday he threatened to ditch the process if an agreement was not reached.

"I am pulling out on Monday if they do not find each other," said Ramatlhodi, according to Sapa.

"If they do not find each other I wish them and South Africa luck."

Amcu members have been on strike since since January 23 demanding a basic monthly salary of R12 500.

The strike, which is already dragging the economy down, has been tainted by deaths and is also impacting on the livelihoods of communities in the platinum belt.

On Sunday, ANC secretary general Gwede Mantashe said there is concern over alleged involvement by the Economic Freedom Fighters and white foreign nationals in the platinum strike.

He said the ministry of mineral resources has been cautioned to handle the facilitation with care.

 - Fin24 with agencies

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.09
+0.3%
Rand - Pound
23.63
+0.8%
Rand - Euro
20.34
+0.3%
Rand - Aus dollar
12.26
+0.4%
Rand - Yen
0.12
+0.3%
Platinum
942.40
-0.8%
Palladium
1,024.00
-0.5%
Gold
2,398.36
+0.8%
Silver
28.75
+1.8%
Brent Crude
87.11
-0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders