(Refiled to modify headline)
* AMCU says agreement concluded
* Offer far short of AMCU union's initial demands
* Sources say Implats, Lonmin offers similar
* "Peace clauses" included in offers, draft agreements
By Ed Stoddard
JOHANNESBURG, Oct 27 (Reuters) - South Africa's AMCU unionand Anglo American Platinum have agreed a new pay deal,days before Sibanye Gold is due to take over Amplats'Rustenburg operations which employ thousands of AMCU members.
"The agreement reached will now be binding to Sibanye forthe next three years," the Association of Mineworkers andConstruction Union (AMCU) said in a statement.
Amplats spokeswoman Mpumi Sithole confirmed that anagreement had been reached. Neither AMCU nor Amplats immediatelydisclosed details and the union said a mass meeting of itsmembers would be held on Sunday.
Sithole said Amplats would unveil details on Friday. A draftagreement obtained by Reuters showed the offer was for pay increases of at least 7 percent over the next three years.
The draft agreement also contains a "peace obligation",which says no members of the unions "shall be entitled to embarkupon any industrial action whatsoever".
AMCU members have embarked on several, often violent,wildcat strikes in recent years, including one at Lonmin'sMarikana mine in 2012 that resulted in police shooting dead 34strikers, the deadliest security incident in post-apartheidSouth Africa.
A source at another South African platinum producer, ImpalaPlatinum, said it had offered a similar deal that alsoincluded a "peace clause".
"We've learned from the recent past and decided that a peaceclause is best practice," the source said.
A union source told Reuters that Lonmin's offer was also similar. A spokeswoman for the company said shecould not comment at this stage but negotiations "have gonewell".
The Amplats' draft agreement says wage hikes will be 7percent or 1,000 rand ($72) per month, "whichever is greater".For lower-paid miners earning base pay of around 8,000 rand amonth this would represent an increase of 12 to 13 percent,which compares with a current inflation rate of 6.1 percent.
But drought has fuelled food price inflation, which wasrunning at 11.3 percent in September, and this in turn impactswage demands as the average South African miner typically hasseveral dependants he or she needs to feed.
AMCU, known for its militancy and strident tone, had beenpushing for wage hikes of close to 50 percent but said last weekthat it had reached "agreements in principle" with Amplats,Implats and Lonmin.
Amplats, majority-owned by Anglo American, agreedjust over a year ago to sell the labour-intensive Rustenburgmines, where the company's AMCU membership is concentrated.
South Africa's platinum industry is still recovering from afive-month strike that AMCU led in 2014. ($1 = 13.8900 rand) (Editing by David Evans, Greg Mahlich)
