Platinum mines
Murray & Roberts awarded $312m in new mining projects
The firm said the additional contracts would be for diamond, gold, copper, salt and platinum mines.
Its share price in London was up 18% by 0822 GMT, while Sibanye-Stillwater’s fell 2.6% in Johannesburg trade.
Amcu is demanding pay hikes of more than 50 percent for its lowest paid members who take home R8,000.
Platinum prices fell below $900 an ounce on Tuesday for the first time since January 2009.
The company said it had legally challenged the stoppage in an urgent court application.
The company said by 2017 a programme of divestments would leave it with around 102,000 employees.
Anglo American Platinum kicked off the sale process for the Union mine and concentrator in October.
Last year the company showed a profit of $140m.
Africa’s most advanced economy is also struggling to shake off the shock of the strike.
The deal with black shareholders will see the company increase its black ownership to over a third.
Minister Ngoako Ramatlhodi said he was considering declaring certain minerals as 'strategic' for the country.
The company returned to full production earlier than forecast after a crippling five-month wage strike.
Cabinet says the five-month long industrial action has had a dire impact on workers & employers.
The agreement brings an end to the over five-month long wage strike on the platinum belt.
Joseph Mathunjwa says shares need to be transferred to mineworkers.
The mining company says it would suit its strategic goal of being a premium dividend player.
While it won’t say which, Sibanye Gold has publicly expressed interest in acquiring platinum mines.