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Workers at Sibanye Gold’s (JSE:SGL) Kroondal platinum mine in South Africa began on Friday an indefinite strike over transport, bonuses and safety pay. As quoted in the news article: The Association of Mineworkers and Construction Union (AMCU), the country’s platinum industry largest union, wants the company to provide miners with transportation and increased safety, as …
Workers at Sibanye Gold’s (JSE:SGL) Kroondal platinum mine in South Africa began on Friday an indefinite strike over transport, bonuses and safety pay.
As quoted in the news article:
The Association of Mineworkers and Construction Union (AMCU), the country’s platinum industry largest union, wants the company to provide miners with transportation and increased safety, as many members have been attacked after working night shifts, Reuters reports.
Sibanye, South Africa’s largest gold producer, acquired Kroondal through its purchase of Aquarius Platinum in October last year for about $294 million. The deal was finalized in April.
A company’s spokesman said Sibanye would seek a court order to stop the strike because it was negatively affecting output.
Kroondal is just one of several mines Sibanye Gold has bought lately as it seeks to expand from gold and platinum to other commodities, including coal, uranium and base metals.
The strike comes as the AMCU is in the process of preparing wage demands for the country’s top platinum miners before a two-year agreement ends next month.