News
WAGE NEGOTIATIONS: Platinum mining companies prepare to respond to union demands
- Date: 11-07-19
- Category: WAGE NEGOTIATIONS
- Source: IOL
The first week of long-anticipated negotiations between platinum mining companies and the respective unions have begun with mining companies to respond to tabled demands next week - the quiet before the storm.
View full storyWAGE NEGOTIATIONS: Lesson from Marikana: The other side of above-inflation pay rises
- Date: 10-07-19
- Category: WAGE NEGOTIATIONS
- Source: Daily Maverick
Mounting debt levels among mine workers are seen as a key factor behind sky-high wage demands and tensions on the Platinum Belt. Unpublished data regarding Lonmin presents a more nuanced picture. For several years before debt levels started spiking, Lonmin’s lowest-paid workers got above-inflation pay hikes, which rendered them able to consume on credit.
View full storyWAGE NEGOTIATIONS: South African platinum firms kick off wage talks
- Date: 09-07-19
- Category: WAGE NEGOTIATIONS
- Source: Reuters
JOHANNESBURG, July 9 (Reuters) - The world’s top platinum miners kicked off talks with South Africa’s unions on Tuesday in what is expected to be a tough round of wage talks, as a rise in profits is likely to provoke higher wage demands.
View full storyWAGE NEGOTIATIONS: Platinum giants have two big advantages as wage talks begin
- Date: 08-07-19
- Category: WAGE NEGOTIATIONS
- Source: Business Live
When the world’s biggest platinum miners sit down to hammer out a wage deal with one of SA’s most militant labour unions this week, they will hold two potentially winning cards in reserve: the cash and metal stockpiles to endure a strike.
View full storyWAGE NEGOTIATIONS: Platinum Giants Bolster Positions Before Wage Talks Begin
- Date: 08-07-19
- Category: WAGE NEGOTIATIONS
- Source: Bloomberg
When the world’s biggest platinum miners sit down to hammer out a wage deal with one of South Africa’s most militant labor unions this week, they’ll hold two potentially winning cards in reserve: the cash and metal stockpiles to endure a strike.
View full storyWAGE NEGOTIATIONS: Mathunjwa risks losing AMCU amid questions of identity and direction
- Date: 08-07-19
- Category: WAGE NEGOTIATIONS
- Source: Mining MX
THE Association of Mineworkers and Construction Union (AMCU) seems to have reached a plateau after its five-month strike in Sibanye-Stillwater’s gold mines effectively accomplished nothing beyond the impoverishment of its members. This winter’s platinum wage talks will show if it remains a force to be reckoned with or one that is about to hit a dead end.
View full storyWAGE NEGOTIATIONS: South African Platinum Mine Wage Talks to Start Next Week
- Date: 02-07-19
- Category: WAGE NEGOTIATIONS
- Source: Bloomberg
South Africa’s largest platinum-mining labor union said it will meet the nation’s top three producers on successive days next week as it starts formal negotiations for a three-year wage deal.
View full storyWAGE NEGOTIATIONS: AMCU inks R14,000 deal with Siyanda
- Date: 21-06-19
- Category: WAGE NEGOTIATIONS
- Source: Mail & Guardian
The association of Mineworkers and Construction Union (AMCU) has signed a wage agreement with Rustenburg-based Siyanda Bakgalta Platinum Mine, which will see miners paid a basic wage of R14,309/month in the third year of a three-year agreement.
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