AMCU rejects latest settlement offer

LazyLion

LazyLion

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Only an "honourable settlement" can resolve the three-month long strike in the platinum sector, the Association of Mineworkers and Construction Union (Amcu) said on Monday.

"We call on the platinum cabal to be patriotic. Only an honourable settlement can resolve the strike," union leader Joseph Mathunjwa told reporters in Johannesburg.

"Our members have rejected the offer. The Amcu strike is protected. No one should put pressure on us... We appeal to progressive forces to put pressure on the employer to accept this demand."

Amcu members at Lonmin, Impala and Anglo American Platinum operations in Rustenburg, North West and Northam in Limpopo downed tools on January 23 demanding a basic salary of R12,500 over a period of four years.

Mathunjwa said the R12,500 demand was based on the escalating of cost of living and the "slave-structured" wage grades in the mining sector.

He said the R4500 wage in the mines was earned by Indian and white mine employees in 1987.

"There is no good story for mineworkers since the dawn of democracy."


Source : Sapa /mm/fg/jje/lp
Date : 05 May 2014 11:26
 
They're pot-commited, ie they've gone all in and there's no going back now. It won't end well,
 
This is doing untold damage to our reputation and economy, BUT, I firmly do believe that we're at the start of the end of the unionocracy in this country. They've done themselves in.
 
So doff.

Now the workers will be without an income and huge debt...

They'll probably blame mine management for their own foolish choices...
 
The mining co.'s claim that 25% of the workers accept the offer that was presented post Easter. They're contacting and the presenting the offer to workers directly.
 
YOU CAN'T STRIKE FOREVER: ZUMA

Irresponsibility appears to be playing a part in the prolonged platinum mining strike, President Jacob Zuma said on Monday.

"The strike has gone on too long. The strike is not helping workers," he told editors at a briefing in Johannesburg.

"There's a limit to a strike. You can't just have it forever. You can't prolong that thing forever."

Zuma, a former trade unionist himself, said union leaders had a responsibility to ensure two things -- that they fought for better conditions and wages for workers, and protected their jobs.

"I find there's an irresponsibility element here. You can't go on with a strike that at the end makes them lose their jobs. That is irresponsible.

"In any negotiations, you must be ready to give and take. You must be ready to compromise."

Zuma said the government was monitoring the strike and was ready to help employers and workers reach a solution.

Members of the Association of Mineworkers and Construction Union in the platinum sector downed tools on January 23, demanding a basic salary of R12,500 per month.

Estimates are that so far the strike has cost employees over R7 billion in income, and producers around R15.9bn in revenue.


Source : Sapa /mar/hdw/lp/th
Date : 05 May 2014 12:18
 
Merlin said:
This is doing untold damage to our reputation and economy, BUT, I firmly do believe that we're at the start of the end of the unionocracy in this country. They've done themselves in.
Click to expand...

Yep, the mines have started dealing with the workers directly and have given them until the 8th to accept the latest offer. According to some papers most of the workers want to return to work.
 
I really doubt AMCU even presented this to 10% of their members....

They've gone all in, and now can't be seen to be backing down, it will make them look weak (or so they think).

I will be surprised if even 50% of these striking workers are still employed in a year or two's time to be honest.
 
One O One on how to kill the industry and economy. Strike indefinitely and hold out for the impossible, impractical and ridiculous. Strike indefinitely until Utopia becomes reality. Idiots! :mad: It's not only their lives that they're flushing down the toilet but hundreds of thousands of people who directly or indirectly rely on the mines for income.
 
ToxicBunny said:
I really doubt AMCU even presented this to 10% of their members....

They've gone all in, and now can't be seen to be backing down, it will make them look weak (or so they think).

I will be surprised if even 50% of these striking workers are still employed in a year or two's time to be honest.
Click to expand...

The AMCU president was nearly pushed out and the union split due to his failure to secure 12,500 pre-Marikana; so he's heavily invested in this. If they fail to get what they want Mathunjwa will probably be pushed out or the union will split (and hopefully die).
 
Leading by example

Anglo American raises Cutifani’s salary by 3% to $2m. He received 5.3 million pounds last year, including cash and share bonuses

Anglo American Plc raised the base salary of Chief Executive Officer Mark Cutifani 3 percent as he proceeds with a review of operations from Australia to Canada.
Cutifani’s base salary will rise to 1.24 million pounds ($2 million) in 2014, London-based Anglo said in its annual report published today. He received a total of 5.3 million pounds last year, including cash and share bonuses of 1.2 million pounds.

His payments in 2013 included shares valued at 2.01 million pounds to compensate for stock he gave up by leaving previous employer AngloGold Ashanti Ltd., the report showed. He received 860,000 pounds for his relocation to London from South Africa.

Cutifani in April replaced Cynthia Carroll, who quit after cost overruns at Anglo’s Minas-Rio iron-ore project in Brazil. The new CEO set a goal of improving return on capital employed to at least 15 percent by 2016 from 11 percent last year.

Minas Rio is 84 percent complete and on target to ship its first ore at the year-end, according to Chairman John Parker. “Its completion will ease our capital commitments from 2015 onwards and should also enhance our free cash flow,” he said.

A quarter of the board will be female by Anglo’s annual general meeting next month, Parker said. At the end of 2013, women made up 23 percent of Anglo’s managers, with 16 percent of the overall workforce female, the company said in the report.

Chief Financial Officer Rene Medori received total payments of 2.3 million pounds last year, Anglo said. Medori’s base salary also rose by 3 percent to 788,000 pounds this year.
Click to expand...
 
dlk001 said:
Leading by example

Anglo American raises Cutifani’s salary by 3% to $2m. He received 5.3 million pounds last year, including cash and share bonuses
Click to expand...

Your point being? The guy runs one of the world's biggest mining companies, and he does it well. Almost anyone can dig up a rock, few can run a massive multi-national mining company successfully. Supply and demand.
 
dlk001 said:
Leading by example

Anglo American raises Cutifani’s salary by 3% to $2m. He received 5.3 million pounds last year, including cash and share bonuses
Click to expand...

The increase money didn't come from SA.... cos these mines are not profitable.
 
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