Impala Platinum: Amcu ‘cuts wage demand by 31%’

The Association of Mineworkers and Construction Union (Amcu), the largest union at Impala Platinum (Implats), had cut the minimum wage level it was pushing for by 31 percent as the parties worked towards avoiding a possible strike, Implats said yesterday. Amcu lowered its pay raise request for underground employees to R8 668 a month excluding benefits from R12 500, Implats said. Implats had increased its offer to the lowest-paid below-surface miners by half a percentage point to 8.5 percent for the first year of a three-year deal. They currently earn R5 500. Amcu president Joseph Mathunjwa confirmed yesterday that Implats had increased its offer. He did not comment on the union’s reduced demands. – Bloomberg