Amplats pleads with Amcu to consider offer
The platinum producer hopes a new wage offer will bring the union's financially crippling strike to an end.
JOHANNESBURG - Anglo American Platinum (Amplats) has pleaded with the Association of Mineworkers and Construction Union (Amcu) to seriously consider a new wage offer on the table which it hopes will bring the union's financially crippling strike in the platinum sector to an end.
Amplats, Impala Platinum (Implats) and Lonmin have raised their offer to a minimum salary of R12,500 per month by 2017.
Amcu members still have to decide whether they are satisfied with the new offer or if they'll continue striking.
Amplats alone has lost almost R6 billion in revenue since January and has pleaded with Amcu members to take the offer and stop the strike for the sake of its own members.
Amplats spokesperson Mpumi Sithole said, "Our employees, their families and communities are struggling and the companies are also losing revenue and production each day that the strike continues."
Sithole refused to say whether the company will have to consider retrenching employees in future as a result of the revenue losses it has suffered.
She said the industrial action is making it very difficult for the company to return to profitability.
"This is the year where we are supposed to be implementing some of the plans that we have put in place that seeks to bring the company back to profitability."
The company says it is now focusing solely on ensuring that workers return to the mines in order to stabilise the sector.
Amplats says the new offer will see entry level underground employees receiving an annual salary of R150,000.This will include holiday, living out and other allowances.
The company says issues such as workers' living conditions will be addressed through a joint task team.
The strike has cost the platinum sector over R13 billion since workers downed tools in January.