Northam Offers 5.9% Wage Hike; Talks to Resume Oct. 13

(Corrects date in headline, second paragraph.)

Northam Platinum Ltd. (NHM), the South African producer that had a 43-day wage strike last year, offered workers a 5.9 percent pay increase yesterday, a National Union of Mineworkers negotiator said.

The union is demanding 15 percent, Zwelitsha Tantsi said by mobile phone today. Talks will continue on Oct. 13, he said.

To contact the editor responsible for this story: Carli Lourens at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.