Talks aimed at ending a six-week platinum miners' strike has fallen apart after producers rejected a revised wage demand.
A new union for platinum miners in Rustenburg, the Workers' Association Union, plans to meet mining companies to end the strike immediately.
The CCMA has met the platinum producers' mediators in talks aimed at ending Amcu's strike at three platinum mining companies.
Amcu's refusal to revise its wage demands reflect little regard for potential job losses, says platinum producers.
Amcu, the dominant union in the platinum sector, looks likely to win recognition at Kumba Iron Ore, which announced an increased profit on Tuesday.
The SABC has reported that police allegedly shot and killed a miner during protests at the Amplats plant near Northam in Limpopo.
Negotiations between the world's three largest platinum producers and the majority union have stalled as protest actions ensue in the North West.
The mineworkers' union is back at the table with platinum producers in an attempt to end the now two-week mineworker strike.
Government mediators have placed an offer on the table that they hope will end the platinum strike.
Talks between Amcu and mine executives are scheduled to continue after the union rejected the latest wage offer.
Striking mine workers will reject the new wage offer by platinum mines, says union Amcu.
An Amcu strike on the platinum mines has kicked off and is set to disrupt operations accounting for about 70% of global output of the precious metal.
Platinum is anything but hot right now, but one empowerment group has seen a shareholder revolt around the control of a potential mine in Rustenburg.
The platinum spot price has increased to a three-month high pushing the JSE platinum stock index to a nine-month high amid potential supply limits.
A fall in platinum supplies has moved the market into a deficit of 400 000 ounces in 2012 as SA sales reach their lowest levels in over a decade.
South Africa's economic growth will remain subdued in the medium term due to unrest in the platinum sector and a weak global economic environment.
The killing of 44 people during the violent strike at Lonmin mines has highlighted the depth of internal politics between mining unions NUM and Amcu.
Amplats has signalled it plans to trim loss-making shafts as producers of the metal grapple with depressed prices and a rise in union militancy.
The IDC has invested in a platinum mine which hopes to create 9 000 jobs and use a unique process to make it more energy efficient.
Impala Platinum has dismissed 13 000 employees, bringing to 17 200 those sacked since the start of a labour dispute almost two weeks ago.