The current wage demand by labour union Amcu in the platinum sector is unaffordable, Lonmin CEO Ben Magara said on Thursday.

"I feel for the challenges they [mineworkers] are going through... We are working hard but it is difficult... the demand is unaffordable," he said.

"The world is watching us take each other into poverty... We need to accept the realities."

Magara accepted a memorandum from the Association...read more here: Accept mining realities in SA: Lonmin CEO