The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions over a three-year wage deal.
The world's top platinum miners are bracing for a fresh round of negotiations with South African workers as a rise in profits is likely to provoke higher wage demands from labour unions.
An illegal strike that led to the dismissal of over 600 employees at the Mototolo mine run by Anglo American Platinum has been resolved and the workers will be reinstated.
