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  • Last updated

    5:04pm on May 19, 2022

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 lose
R552

On average, so far Category 4 employees have lost

Day 1 (10 March 2022)

R552

Category 8 employees

Average losses per day per employee

Every day of the strike, Category 8 employees lose
R684

An average, so far Category 8 employees have lost

Day 1 (10 March 2022)

R684

Start date: Wednesday, 9 March 2022 at 18:00

Impact of a strike on striking employees


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Contacts

Should you have any further questions or queries, please contact:

James Wellsted
Head of Public Relations
Tel: +27 (0) 83 453 4014
Email: ir@sibanyestillwater.com

Memory Johnstone
Tel: +27 (0) 82 719 3081
Email: memory@rasc.co.za

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SA gold operations

SA Gold operations

Our gold operations consist of underground mining and surface treatment facilities in the Witwatersrand Basin.

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SA gold projects

Exploration drilling, South Africa

Sibanye-Stillwater has two advanced gold projects underway in South Africa – Burnstone and Southern Free State (SOFS).

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Our community initiatives seek to create enduring value for our host communities beyond the operating lives of our mines.

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