The Conversation (0)
Mining Weekly reported in the ongoing saga of platinum strikes in South Africa the Association of Minerworkers and Construction Union (AMCU) remains a wildcard as attempts to discuss industry wide changes remain futile.
Mining Weekly reported in the ongoing saga of platinum strikes in South Africa the Association of Minerworkers and Construction Union (AMCU) remains a wildcard as attempts to discuss industry wide changes remain futile.
As quoted in the market news:
Dr Elize Strydom notes that there are strong indications that the platinum industry will move away from the 50%-plus-one agreement employed by the sector’s mining companies. Historically, platinum companies have preferred to negotiate at company level, while gold and coal companies have preferred centralised bargaining.