Implats and NUM in wage dispute

Johannesburg, South Africa — MININGREVIEW.COM — 02 July 2010 – Impala Platinum Holdings Limited (Implats) “’ the world’s second-largest producer of the metal “’ is in a dispute over wages with members of South Africa’s largest mining trade union “’ the National Union of Mineworkers (NUM).

Revealing this in a telephone interview with Reuters, NUM negotiator Eddie Majadibodu said mediation attempts by a third party would start on 19 July. The union was demanding a 15% increase and Impala was offering 7%, he added.

Impala spokesman Bob Gilmour has confirmed that there is a dispute, but had no further details at this stage.