Five-month platinum strike finally ends – Independent Online

Independent Newspapers. Picture: Timothy Bernard. Related Stories Johannesburg – Union members at South African operations of the world’s largest platinum companies today said they accept a pay deal from producers, bringing closer the end of a crippling five-month strike. “If we sign the offer tomorrow, it means the strike has ended officially and that workers will go to work on Wednesday,” Association of Mineworkers and Construction Union President Joseph Mathunjwa said at a mass rally. Thousands of Amcu members shouted out their approval for the offer from Anglo American Platinum, Impala Platinum and Lonmin at the Royal Bafokeng stadium in Rustenburg, 120 kilometres northwest of Johannesburg. “Basic salaries have gone up and even your working…

S.Africa platinum strike causing ‘irreparable’ harm – AFP

S.Africa platinum strike causing ‘irreparable’ harm (AFP) – 23 minutes ago  Johannesburg — South Africa’s platinum producers Monday said a two-month strike was causing “irreparable” damage to the sector, which has to date lost nearly a billion dollars in revenue. The strike over wages which started over eight weeks ago has halted production at the world’s top three producers, Anglo American Platinum, Impala Platinum and Lonmin. “The extended strike in the platinum belt is unprecedented, and at a stage where some of its impacts are becoming irreparable,” the chief executives of the three companies said in a joint statement. They said the strike has so far resulted in “close to 10 billion rand ($ 920…