Platinum’s outlier – RB Plats proves mining is also a people business

One of the biggest assets of mid-tier platinum miner Royal Bafokeng (which recently delivered a 33 per cent increase in interim headline EPS) is its relationship with both employees and the leadership of the union that represents them – NUM. So much so that RB Plats was a pillar of work force peace, stability, and … Read more

SA’s RBPlat, NUM union conclude five-year wage deal

JOHANNESBURG (Reuters) – South African mining firm Royal Bafokeng Platinum said on Thursday it had concluded a five-year wage agreement with the National Union of Mineworkers. The company said the wage deal would be implemented in two stages – the first phase covering from July 2014 to June 2017 and the second phase from July 2017 to … Read more