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Reuters reports that Chris Griffith, CEO of Anglo American Platinum (Amplats), said on Wednesday that wage talks with unions, including the Association of Mineworkers and Construction Union (Amcu) which is the majority union at the company’s Rustenburg mines, were "fairly close" to a deal.
Neither side in the wage talks has revealed the latest demands or counter offers. Griffith also remains confident the disposal of the platinum producer’s labour-intensive Rustenburg mines to Sibanye Gold will clear the last regulatory hurdle in 2016. But a wage deal does not need to be sealed in order to complete the disposal.
- Read this report in full at SABC News
- Read too, Amplats ‘not too far from settling’ wage pact, at Moneyweb
Get other news reports at the SA Labour News home page