The wage demands of the Association of Mineworkers and Construction Union (Amcu) were unaffordable and unrealistic, Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin Platinum said on Tuesday. On Monday after issuing employers with due notices, the union said it would strike from Thursday at those three platinum companies and at various gold mines. "It is of great concern to the platinum companies that employees are being made promises by Amcu that cannot be delivered upon," the platinum companies' CEOs said in a joint statement. "Strike action will not only hurt the platinum industry, but will be to the detriment of employees and their families, to communities, and to the country as a whole," the CEOs said. The companies indicated they were offering increases of 8% to 8.5% for employees in the A and B-band bargaining unit, and 7.5% for level C employees, such as certificated miners, artisans and officials. They claimed the offers compared favourably to increases in other sectors, and were above the inflation rate of 5.3%.
- Read more at Business Report
- Read too, 'Amplats' Griffith fears strike will foil restructure', at Miningmx
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