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AMCU agrees to broad terms for wage settlement with Sibanye Gold


Essential Metals & Mining Insights – February 2021


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Essential Metals & Mining Insights - January 2021

AMCU agrees to broad terms for wage settlement with Sibanye Gold

The Association of Mineworkers and Construction Union, or AMCU, broadly accepted a proposed settlement agreement by the Commission for Conciliation, Mediation and Arbitration, or CCMA, to resolve the wage dispute with Sibanye Gold Ltd., Mining Weekly reported March 19.

AMCU has been on strike at Sibanye's gold operations in South Africa since November 2018 and recently said it might seek a secondary strike at Sibanye's platinum operations and beyond as it seeks better pay after talks failed.

The CCMA proposed a payment of 5,700 South African rand along with other benefits from a previous three-year wage agreement.

While AMCU accepted the proposed settlement in broad terms, it emphasized splitting the 5,700 rand over two years of the wage agreement term as well as back pay for the first year of the term. AMCU members had insisted on a payment of 9,300 rand.

Sibanye has not accepted the CCMA proposal yet.