Amcu negotiations to resume
A new offer by platinum producers hasn't yet been accepted by Amcu.
JOHANNESBURG - Platinum producers and the Association of Mineworkers and Construction Union (Amcu) will continue negotiating today to try and bring one of the longest strikes in the sector to an end.
Thousands of miners from Lonmin, Impala Platinum and Anglo American Platinum have been away from work for 13 weeks demanding a R12,500 basic salary.
A new offer, to phase in this amount over five years, has not yet been accepted.
Labour analyst Gavin Brown says he expects an agreement to be reached soon.
"Clearly the union is facing tremendous pressure not only from its own members but from rival unions who are poaching its members. The fact that they have been in talks now probably longer what they have spent in talks for the last three months is a positive sign."
Negotiations between the mining houses and the Association of Mineworkers and Construction Union (Amcu) resumed on Tuesday and are expected to continue today.
The three-month long strike has already cost the companies over R13 billion while employees have lost R6 billion in wages.
The union has established a fund to help workers who haven't been paid for more than three months.