Tuesday, February 4, 2014

South Africa's AMCU union, platinum firms resume wage talks

Wage talks between South Africa's AMCU union and the world's top three platinum producers resumed on Tuesday to try to end a nearly two-week strike that has seen outbreaks of violence and is costing the country an estimated $36 million a day. Members of the Association of Mineworkers and Construction Union (AMCU) walked out at Anglo American Platinum (Amplats) , Impala Platinum and Lonmin in January, with demands that monthly wages be more than doubled.

To disperse the crowds, police

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