Business In The News South Africa

Sibanye Gold secures two-year wage agreement at Stillwater operations

JOHANNESBURG, June 19 – Sibanye Gold announced on Monday that it has secured a two-year wage agreement with the United Steel Workers of America, International Union, the representative union at its Stillwater Operations in Montana, USA. Last month, Sibanye completed the acquisition of Stillwater, the United State’s sole provider of platinum and palladium, for $2.2 […]

Business In The News South Africa

Central Rand Gold ends strike after seeing eye to eye with workers to pay 13th cheque

JOHANNESBURG, May 17 – Central Rand Gold (CRG) said on Wednesday it has reached agreement with union representatives to end the 11-day industrial action following “robust negotiations”. This comes after workers embarked on a strike at CRG on 6 May after wage negotiations collapsed and prompted the Commission for Conciliation, Mediation and Arbitration (CCMA) to […]