Business In The News South Africa

Sibanye says 2018 gold production to be only marginally below guidance

JOHANNESBURG, January 10 – Gold producer Sibanye-Stillwater said on Thursday 2018 gold production at its South Africa operations was expected to be just marginally below guidance due in part to the successful implementation of measures to mitigate the impact of a strike. Members of the Association of Mineworkers and Construction Union (Amcu) downed tools last November […]

In The News South Africa

Situation tense at Sibanye mines after intimidation, destruction of property

JOHANNESBURG, November 28  – Sibanye-Stillwater said on Wednesday acts of violence were continuing at its South African gold operations due to an ongoing strike action, following a relatively peaceful weekend as worker attendance improved. Sibanye said the situation at the Beatrix and Driefontein operations, in particular, remained tense, with striking workers causing damage to company property […]

In The News South Africa

Amcu’s Joseph Mathunjwa blasts Sibanye-Stillwater’s executives for rejecting wage demands

JOHANNESBURG, November 21 – As the Association of Mineworkers and Construction Union (Amcu) gears up for a strike at Sibanye-Stillwater at midnight Wednesday, the union’s president Joseph Mathunjwa has slammed the mine’s top executives for failing to pay workers what they demand when they are raking in millions of rand in executive pay. “South Africa […]

Business In The News South Africa

Gold wage talks deadlock again between Sibanye and Amcu

JOHANNESBURG, September 20 – Wage negotiations between the Association of Mineworkers and Construction Union (Amcu) and Sibanye-Stillwater reached a deadlock once again on Thursday. “No agreement has been reached and wage talks continue,” Amcu said in a terse statement. This as Amcu, along with other gold-sector unions, continued gold wage conciliation processes with Sibanye, Harmony Gold, and Village […]

Business In The News South Africa

SA gold wage negotiations continue despite NUM declaring dispute

JOHANNESBURG, August 21  – Wage negotiations between South African gold producers and three mineworker unions continued on Wednesday, despite one union pulling out and declaring a dispute with the employer. The National Union of Mineworkers (NUM) declared a wage dispute with the Minerals Council of South Africa on Tuesday. But the Association of Mineworkers and Construction […]