(Alliance News) - Sibanye Stillwater Ltd said on Friday it was disappointed that one trade union had rejected its wage offer at its South African platinum operations.
The Roodepoort, Gauteng-based gold and platinum producer said it had reached an agreement the National Union of Mineworkers and UASA.
But the Association Mineworkers & Construction Union had rejected the offer, declaring a dispute that has been referred to the Commission for Conciliation, Mediation & Arbitration for conciliation.
The company had presented a five-year offer, comprising fixed average annual wage increases of 6% for three years, followed by inflation-linked agreements in years four and five.
Sibanye Stillwater said it had engaged in good faith to avoid protracted positional bargaining.
"It is concerning that despite overwhelming support for the offer by employees and union representatives at the operations, AMCU national leadership has again chosen to ignore their members. We will continue to act in the interest of all stakeholders," said Richard Stewart, Sibanye Stillwater's chief regional officer for Southern Africa.
The miner faced a three-month strike at its South African gold mines this year that hit production.
Shares in Sibanye Stillwater were 2.8% higher at ZAR41.84 on Friday afternoon in Johannesburg.
By Artwell Dlamini; artwelldlamini@alliancenews.com
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