Johannesburg, South Africa — MININGREVIEW.COM — 15 September 2010 – The National Union of Mineworkers (NUM) has issued a warning that a prolonged strike at Northman Platinum is very likely to have a negative effect on the platinum producer’s financial performance.
The strike by 8 000 mineworkers “’ which started on Sunday last week “’ has shut down the company’s Zondereinde mine in the Limpopo province. The NUM pointed out that although the strike was now in its second week, there had been no talks.
Workers are demanding a 15% wage increment and a R3 500 living out allowance, while the company is offering an 8% increase and a living out allowance of R1 700, which is up from its previous offer of R1 600.
The parties are now expected to meet in Polokwane today under the auspices of the Commission for Conciliation, Mediation and Arbitration (CCMA).
“This strike will continue to cause havoc on to Northam’s financial performance. It is up to them whether they want a resolution or not,” said the NUM chief negotiator at Northam, Zwelitsha Tantsi.