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Sunday, August 14, 2011

S.Africa mine union says Implats ups wage offer

Aug13, 2011

JOHANNESBURG Aug 13 (Reuters) - South Africa's National Union of Mineworkers said on Saturday that Impala Platinum had improved its wage offer in a bid to avert a strike at the second-largest producer of the precious metal.

Eddie Majadibodu, the NUM's chief negotiator at Implats, said the company had raised its offer to between 8 and 10 percent from a previous offer of between 7.5 and 8 percent.

"We are not happy. We are still looking for a double-digit increase across the board, but we will discuss this new offer with our members first," he told Reuters.

Sourced Reuters

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