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Amplats, Sibanye seek mediators as wage talks with AMCU hit deadlock

Anglo American Platinum Ltd., or Amplats, and Sibanye Gold Ltd. are looking to bring in mediators after wage talks with the Association of Mineworkers and Construction Union, or AMCU, reached a deadlock, Bloomberg News reported Sept. 9.

After AMCU reportedly declared a dispute, the South African platinum producers said they want to solve the matter internally instead of bringing it to arbitration from the Commission for Conciliation, Mediation and Arbitration.

The companies rejected the union's initial demand to raise wages by 48%, and AMCU dismissed any counteroffers put up by the miners.

Amplats spokeswoman Jana Marais said the declaration of a dispute "is normal during wage negotiations," adding that "the matter is being dealt with through internal dispute resolution mechanisms."

"AMCU has declared a dispute, but we continue to engage with them and the other unions and hope to reach a mutual agreement that is fair but sustainable," Sibanye spokesman James Wellsted noted.

Meanwhile, AMCU is continuing talks with Impala Platinum Holdings Ltd., with Implats CEO Nico Muller saying a deal with the union is expected at the end of the month.