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NUM seeks up to 60% Implats pay hike

Johannesburg - The National Union of Mineworkers (NUM) has submitted wage demands to Impala Platinum [JSE:IMP] (Implats) refinery operations in line with the 15 to 60% pay hikes it is seeking from gold producers, a source who has seen them says.

The source, who asked not to be named, said Implats would likely get demands for the rest of its workforce which belongs to NUM "in the next 10 days."

This year's wage talks are widely expected to be among the toughest ever as rising militancy among workers coincides with falling commodity prices and shrinking company margins.

NUM's demands to gold producers call for wage rises ranging from 15 to 60%. Its rival, the Association of Mineworkers and Construction Union (Amcu), said on Tuesday it wanted companies in that sector to more than double the wages for entry-level workers.   

The NUM, an ally of the ruling African National Congress, represents less than 10% of Implats' workforce after Amcu poached most of its members in a vicious turf war last year that is still rumbling on.

The government, keen to ease tensions ahead of elections next year, hopes the unions will sign up to a stability pact on Wednesday brokered by Deputy President Kgalema Motlanthe.
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