About Platinum Wage Negotiations

South Africa supplies 71.7% of the world’s mined platinum production, and 54% of total global platinum supply.

As South Africa's producers enter the process of wage negotiations, it is their intention to reach a wage settlement which is fair for their employees, the companies and shareholders, and ensures the sustainability of the industry. Their challenge is to balance increasing cost pressures, the volatility of platinum group metals (PGMs) prices and the need to appropriately compensate their employees without endangering job security and the sustainability of the companies and the various other stakeholders which benefits from the value created out of mining.

On this website you’ll find a factsheet about the state of the platinum industry in South Africa, FAQs to answer common questions, and updates about the wage negotiations process.

Please email This email address is being protected from spambots. You need JavaScript enabled to view it. if you need more information.

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Platinum sector components [chart}

Impala Platinum

Impala Platinum Holdings Limited (Implats) is one of the world’s foremost producers of platinum and associated PGMs.

Implats is structured around six mining operations and Impala refining services, a toll-refining business. Their operations are located on the bushveld complex in South Africa and the great dyke in Zimbabwe, the two most significant PGM-bearing ore bodies in the world.


Sibanye-stillwater

Sibanye-Stillwater is a leading international precious metals mining company, with a diverse portfolio of PGM operations in the United States and Southern Africa, gold operations and projects in South Africa, and copper, gold and PGM exploration properties in North and South America.

They are a significant producer of platinum, palladium, rhodium and other PGMs and associated minerals such as chrome. They are also a leading recycler and processor of spent PGM catalytic converter materials.


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