“The meeting is currently still underway and there is no update,” the commission said shortly after 3pm.
The meeting between the Association of Mineworkers and Construction Union (Amcu) and the Commission for Conciliation, Mediation, and Arbitration (CCMA) began at 11am.
Friday’s session was postponed as Amcu officials had to attend a funeral.
Members of Amcu at Lonmin, Anglo American Platinum and Impala Platinum embarked on a strike on January 23, demanding a R12,500 basic salary for miners.
The platinum producers proposed a three-year agreement last month. The proposal was a nine percent increase for A-level workers, 8.5 percent for B-level and 7.5 percent for C-level workers in the first year.
CCMA director Nerine Kahn said the meeting with platinum producers on Thursday was “constructive”.
The CCMA has been mediating talks between the union and the platinum companies since January 24, but on February 5 the talks were adjourned so that the CCMA could engage with the parties individually.
On Monday morning, mining giant Anglo American Platinum said it was losing about R100 million a day because of a strike by Amcu which entered its fourth week.
“The company is losing 4000oz amounting to R100m in revenue daily,” said Amplats spokeswoman Mpumi Sithole in an e-mail.
Amplats on Saturday said it was suing Amcu for damages and losses suffered over their work stoppage.
Amplats was seeking R591m but this could rise if damages continued, said Sithole.
“The provisional quantum of the damages claim is about R591m, although as Amcu’s wrongful conduct is continuing the damages will continue to accrue,” she said.