Johannesburg - Anglo American Platinum said it signed a wage agreement with the National Union of Metalworkers of South Africa (Numsa) on Thursday, ending a six-week wage strike, although there was still no end in sight to a longer walk-out by larger union Amcu.

The agreement will see wage increases of up to 8.5 percent for the members of Numsa.

Amplats spokeswoman Mpumi Sithole said there was “no indication” as to when the Numsa members would return to work.

The Association of Mineworkers and Construction Union (Amcu) is still on an 8-week strike that has cost companies and workers billions.

Anglo American Platinum said it is working towards reaching a solution that is affordable and one that satisfies all stakeholders, but acknowledges that the revised wage demands by Amcu remain unaffordable.

Reuters