About Gold Wage Negotiations
Despite our best efforts over nine months to reach an agreement that is fair, will benefit employees and considers the sustainability of our SA gold operations, wage negotiations between Sibanye-Stillwater and AMCU and the NUM remains deadlocked.
On Monday, 7 March 2022 AMCU and the NUM served the Company with 48 hours’ notice of a strike at the SA gold operations which began on the evening of Wednesday, 9 March 2022.
It is regrettable that unions have decided to resort to strike action which will severely impact all stakeholders. Employees, their families and our communities stand to lose much. These losses will never be recovered.
That said, Sibanye-Stillwater respects the rights of employees to engage in industrial action and picketing if they choose to do so. But, this must be done according to the picketing rules established by the Commission for Conciliation, Mediation and Arbitration (CCMA).
We call on all stakeholders to make informed decisions in the best interest of the sustainability of our operations and our collective future.
Employee losses for each day on strike
Category 4 employees
Average losses per day per employee
Every day of the strike, Category 4 employees lost
R552
On average, Category 4 employees have lost
Day 1 (10 March 2022)
R51,888
Category 8 employees
Average losses per day per employee
Every day of the strike, Category 8 employees lost
R684
On average, Category 8 employees have lost
Day 1 (10 March 2022)
R64,296
