AMCU to Strike at Sibanye Gold Operations

Reuters reported that the Association of Mineworkers and Construction Union (AMCU) is planning to launch a strike this Wednesday at gold operations run by Sibanye Gold (NYSE:SBGL) in South Africa.
As quoted in the publication:

Sibanye spokesperson James Wellsted said the company had received the strike notice.
“They have a right to strike but we have the right to limit the potential damage to our business,” he said. “We have robust strike plans and will be implementing,” he said, without elaborating how Sibanye would cope with the work stoppage.
Zungu said the union aimed to get the salaries paid to its members in the gold sector to match the higher wages in coal and platinum.

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