Platinum firms kick off wage talks

The world’s top platinum miners kicked off talks with South Africa’s unions on Tuesday in what is expected to be a tough round of wage talks, as a rise in profits is likely to provoke higher wage demands. The majority union in the platinum sector, the Association of Mineworkers and Construction Union (AMCU), said it had presented its demands to Anglo American Platinum (Amplats) and would do the same to the rest of the firms this week.