AMCU are demanding a 48% increase in platinum wage talks

The Association of Mineworkers and Construction Union (Amcu) is demanding a 48% wage increase from the local platinum mines.

Amcu president Joseph Mathunjwa said on Friday that they want a minimum basic wage of R17 000 per month.  Currently the lowest paid worker receives R11 500.

The union has been battling for the past year to achieve a ‘living wage’ of at least R12 500 per month and despite not achieving this from all producers they are demanding to receive profit shares due to the price of palladium and rhodium which is being dug up next to the platinum.

In 2014 the trade union held the longest platinum mining strike in the country, and metal and mining investors will be monitoring the negotiations closely for possible strike threats.

During the last Amcu increase demand they accepted 12.5% for the lowest paid workers even though initially they were demanding a 47% increase.  The union always starts off requesting an excessive increase which opens the negotiation.