Johannesburg, South Africa —MININGREVIEW.COM — 12 October 2010 – Northam Platinum Limited “’ one of South Africa’s smaller platinum producers “’ has raised its pay rise offer again to workers at the Zondereinde mine in the North West Province in an effort to end a strike that the company claims has cost R250 million in lost revenue.
“There has been an improvement and we are briefing the members today. However, we can’t divulge the details now,” said National Union of Mineworkers (NUM) spokesman Lesiba Seshoka.
The NUM is demanding a 15% increase and a monthly housing allowance of R3 500. Workers at Northam last week rejected the company’s revised pay offer of a 9.5% rise and a housing allowance of R1 750 a month.
A smaller union, Solidarity, signed a wage deal with Northam last week, as the NUM rejected the offer.
Northam said last month that the strike at the Zondereinde mine would cost 1 000 ounces per day in lost production of platinum group metals (PGMs).