Lonmin Platinum Mine Chief Executive Officer, Ben Magara, has welcomed the Competition Appeal Court’s ruling against the Association of Mineworkers and Construction Union.
Trade union Amcu has reached an agreement with Sibanye-Stillwater after signing a three-year wage deal which sees salaries increase by R650 for the first year, R700 for the second and R825 for the third year.
The five month strike by the Association of Mineworkers and Construction Union (Amcu) at Sibanye-Stillwater has ended after the two parties reached an agreement.
The Association of Mineworkers and Construction Union (Amcu) says the situation regarding its strike now lies in the hands of mine management to accept the agreement proposed.
Sibanye-Stillwater announced that over 6000 jobs are at risk of being cut at two of its gold mines – Shafts, in Beatrix in the Free State and Driefontein, west of Johannesburg.