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Platinum Giants Seek Mediation After Union Declares Dispute

  • Amplats, Sibanye to seek mediator to aid wage negotiations
  • Declaring dispute may show sides don’t want strike: consultant
Precious Metals Excavation And Mining Operations At Northam Platinum Ltd Booysendal Mine
Photographer: Waldo Swiegers/Bloomberg
Updated on

Anglo American Platinum Ltd. and Sibanye Gold Ltd. will seek mediation to break the deadlock in wage negotiations with South Africa’s largest platinum-mining labor union.

The producers said they will try to resolve the standoff internally, rather than apply to the nation’s Commission for Conciliation, Mediation and Arbitration. The Association of Mineworkers and Construction Union, which started pay talks in June, has declared a dispute with the two miners, union President Joseph Mathunjwa said by phone on Tuesday.