Media releases

Gold wage negotiations update

Johannesburg, 29 August 2018. Gold wage negotiations continued today with gold producers (AngloGold Ashanti, Harmony, Sibanye-Stillwater and Village Main Reef) meeting with the Association of Mineworkers and Construction Union (AMCU), Solidarity and UASA.

Throughout the day, the parties engaged extensively during bilateral discussions around the conditional offer made on 21 August to all four unions involved in centralised collective bargaining for the gold sector.

AMCU, UASA and Solidarity indicated that they would declare a dispute with Harmony and Village Main Reef, such a dispute will be processed by the Commission for Conciliation, Mediation and Arbitration (CCMA).

Discussions between the three unions and AngloGold Ashanti and Sibanye-Stillwater will continue on Wednesday, 5 September.

Chief Negotiator on behalf of the gold producers, Motsamai Motlhamme said: “Wage negotiations is a process. In the end, parties must reach an agreement. Having said that, it is critical that the agreement reached does not compromise the viability of an industry already in distress.”

Queries

Charmane Russell, +27 (0)11 880 3924 or +27 (0)82 372 5816, This email address is being protected from spambots. You need JavaScript enabled to view it.

Memory Johnstone, +27 (0)11 880 3924 or +27 (0)82 719 3081, This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.goldwagenegotiations.co.za

AngloGold Ashanti [logo]
Sibanye-Stillwater [logo]
Harmony [logo]
Village Main reef [logo]
For more information, contact:

Motsamai Motlhamme
Minerals Council South Africa
+27 (0)11 498 7400 or
+27 (0)82 202 6734

Charmane Russell
+27 (0)11 880 3924 or
+27 (0)82 372 5816
charmane@rasc.co.za

Memory Johnstone
+27 (0)11 880 3924 or
+27 (0)82 719 3081
memory@rasc.co.za