Home > News > World
Sunday February 2, 2014 MYT 5:35:02 PM
Sunday February 2, 2014 MYT 5:36:03 PM
JOHANNESBURG (Reuters) - South African government mediators have put forward a proposal designed to end a strike that has hit around 40 percent of global platinum supply, they said at the weekend.
It was not immediately clear what the proposal entails and the Commission for Conciliation, Mediation and Arbitration (CCMA) declined to say what is in it.
"The mediated proposal or a variation thereof could form the basis of a final settlement in this dispute," said Nerine Kahn, CCMA director in a statement.
Talks between South Africa's main platinum union, AMCU, and three platinum producers - Anglo American Platinum, Lonmin and Impala Platinum - were suspended until Tuesday, CCMA said.
The companies and AMCU also declined to disclose the content of the mediators' proposal.
Workers downed tools a week ago, seeking a doubling of wages to 12,500 rand ($1,100)a month, a demand companies have said they can ill-afford as they struggle to recover from a wave wildcat strikes that battered the sector in 2012 and led to dozens of deaths.
"It is imperative that a resolution is affordable, achievable and sustainable," the three companies said in a joint statement.
AMCU rejected a revised 9 percent wage hike offer last week.
(Reporting by Tiisetso Motsoeneng; Editing by Alison Williams)
Union says wage deal to end South African platinum strike is imminent
South African strike hits world's top platinum producers
South African strikes could hit top platinum producers
South African union rejects government proposal to end platinum strike - newspaper
Striking South African mine union considers government wage proposal
Analysis - Young Cuban-American groups emerge as Obama allies
Senior Chinese leader to visit Vietnam amid sea tension
Analysis - Economic issues whip up Israelis in chocolate pudding election
China tells U.S. opposes all forms of cyber attacks, 'terrorism'
Ladies, time to stand up and fight for your man
Looking out for your ears
CIA unlikely to punish staff over Senate computer search
Moscow hotel goes halal in bid to woo Muslim visitors
Remembering Tsunami 2004: Phuket bounces back from disaster
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)