Africa produces an astonishing 78% of the worlds platinum (Platinum Mining In South Africa). The Total Materia stated, “ It is estimated that one-fifth of everything we use either contains platinum or requires platinum in its manufacture (Platinum and Its Use).” Yet platinum mines like gold mines have had a history of strikes. In 2014, 80,000 South African platinum miners went on strike. The demand was to have the starting wage at $1100 a month rather than $400 a month (Bond, Patrick). After 5 months the platinum mines agreed to reach a wage of $1100 by 2017 (Bond, Patrick). In turn, the solution to this problem is not fully polished because the company has yet to think about inflation costs in the long
Africa produces an astonishing 78% of the worlds platinum (Platinum Mining In South Africa). The Total Materia stated, “ It is estimated that one-fifth of everything we use either contains platinum or requires platinum in its manufacture (Platinum and Its Use).” Yet platinum mines like gold mines have had a history of strikes. In 2014, 80,000 South African platinum miners went on strike. The demand was to have the starting wage at $1100 a month rather than $400 a month (Bond, Patrick). After 5 months the platinum mines agreed to reach a wage of $1100 by 2017 (Bond, Patrick). In turn, the solution to this problem is not fully polished because the company has yet to think about inflation costs in the long