Mining News

Implats, AMCU sign five-year wage deal

JSE-listed Impala Platinum Holdings (Implats) on June 28 signed a five-year wage agreement with the Association of Mineworkers and Construction Union (AMCU) for its operating subsidiaries Marula and Impala Rustenburg, effective July 1. The agreement is in line with current inflation of 6.5% and also considers the reality of sustained inflationary pressures faced by employees, says Implats CEO Nico Muller.

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