Strike-hit Sibanye says it will honour outcome of CCMA process
Striking workers have lost R1bn since March 9 and minister Gwede Mantashe has threaten to revoke the company’s mining licence
24 May 2022 - 19:44
UPDATED 24 May 2022 - 23:19
In the latest attempt to end the strike that has brought gold operations to a grinding halt and shone a harsh spotlight on his pay, Sibanye-Stillwater CEO Neal Froneman said the company had asked the Commission for Conciliation, Mediation and Arbitration (CCMA) to step in.
About 25,000 gold miners led by the Association of Mineworkers and Construction Union (Amcu) and the National Union of Mineworkers (NUM) downed tools on March 9, demanding a pay increase of as much as 9.8% after rejecting Sibanye’s offer for an increase in basic wages of as much as 7.8% for the first year...
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