South Africa Platinum Strike Talks Resume
By Xola Potelwa and Silvia Antonioli
It remained unclear where the talks would go after the government team, which includes officials from the Treasury, wrapped up its work on Thursday.
One of these options would include the long-term shutdown of the strike-affected mines, the company executives team told analysts in a roundtable on Wednesday.
It has also been descending into violence, with five miners murdered on the platinum belt this month in mine-related violence, and so the government is keen bring it to an end.
The two sides remain far apart on the issue of wages.
The companies have offered pay increases of up to 10 percent, which would raise the overall minimum pay package to 12,500 rand ($1,200) a month by July 2017, including the basic wage plus cash allowances for necessities such as housing.
The producers say they can afford no more, squeezed on one side by soaring costs and on the other by low prices.
AMCU, whose battle cry has its demand for "a living wage", has said that the companies' offer is not enough and has focused the attention of its members on the basic wage, which excludes allowances. It wants that figure to be 12,500 rand in three or four years' time.
($1 = 10.4987 South African Rand)