Mining News

Sibanye says gold sector employees have indicated their support for a CCMA-proposed wage deal

JSE- and NYSE-listed Sibanye-Stillwater reports that, at a mass meeting held at the company’s South African gold operations on June 3, members of the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) had given union leadership a mandate to accept a three-year wage proposal made by the Commission for Conciliation, Mediation and Arbitration (CCMA). The proposal mandated is in line with inflation over a three-year period, at an average annual increase of 6.3% total increase, and will contribute to the sustainability of Sibanye’s gold operations.

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