https://www.miningweekly.com

Mining companies meet with AMCU over new demands

Mining companies meet with AMCU over new demands

Photo by Duane Daws

19th June 2014

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Mining companies Lonmin, Anglo American Platinum and Impala Platinum (Implats) on Thursday continued talks with the Association of Mineworkers and Construction Union (AMCU), after the union this week made “unaffordable” new demands beyond an "in-principle" deal struck with producers last week.

AMCU last week put a broad pay offer agreed to “in principle” with producers, to its members in a bid to end the 21-week-old strike.

While the striking miners urged union leaders to accept the salary increases offered, they voiced concerns about the timeframe of the agreement and other benefits, such as housing allowances.

In a written response to the companies earlier this week, the union, however, had additional demands, which included a R3 000 “come-back bonus” and a moratorium on all restructuring and retrenchments.

The platinum trio said in a joint statement on Wednesday the new demands would set them back a combined R1-billion in addition to the in principle agreements.

According to a website run by the three companies, the strike has so far cost them R23-billion in revenue, while workers have lost R10-billion in wages.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
ATI Systems
ATI Systems

ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.042 1.108s - 110pq - 2rq
Subscribe Now