JOHANNESBURG, March 5 (Reuters) - Anglo American Platinum Ltd
* AMS - CCMA mediation process suspended indefinitely
* Notes revised AMCU wage demand to achieve a R12, 500 basic salary for the
lowest paid workers over a period of four years.
* Says revised wage demand translates into an average annual increase of 29 pct
and remains unaffordable
* Company maintains that AMCU's revised offer remains significantly above inflation and a further increase is not sustainable
* Remains in constant communication with all stakeholders to ensure they remain
fully informed of the situation.
* Says the situation on the ground is calm
* Company remains of the view that the current offer is fair and reasonable, encourages amcu to accept the offer.
* Company continues to encourage all employees participating in the strike to respect their fellow colleagues' right to work.
* Company's process operations, Mogalakwena mine and the majority of JV operations continue to operate normally.
* Company has lost about 4,000 platinum ounces of daily production, translating
into R100million of revenue value per day
((Johannesburg Newsroom; +27 11 775 3155))
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