Sibanye-Stillwater builds war chest against future strikes

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Sibanye-Stillwater builds war chest against future strikes
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Sibanye-Stillwater builds war chest against future strikes 🔒

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SAHRC to intervene in 4-month long Amcu strike at Sibanye-Stillwater minesSAHRC to intervene in 4-month long Amcu strike at Sibanye-Stillwater mines
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Sibanye to raise R1.8bn in case of platinum strikeSibanye to raise R1.8bn to protect itself from a potential platinum strike as gold stoppage drags on, costing more than R1.5bn
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Amcu to hold mass meeting Sibanye mine to discuss protracted strikeAmcu to hold mass meeting Sibanye mine to discuss protracted strikeAmcu is demanding a R1,200 a month salary increase with the National Union of Mineworkers, Solidarity and United Association of South Africa agreeing to R700 for the first two years.
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BUSINESS MAVERICK: The balance in SA’s bloody strike at Sibanye-Stillwater’s mines tips slightlyBUSINESS MAVERICK: The balance in SA’s bloody strike at Sibanye-Stillwater’s mines tips slightlyThe strike at Sibanye-Stillwater’s three critical gold mines is a classic power battle between NUM and Amcu, overlaid on top of another classic power battle between Amcu and the company whose CEO Neal Froneman is one of the shrewder operators that Amcu boss Joseph Mathunjwa has had to deal with for some time. The balance has tipped slightly in the company’s favour, but the outcome is still far from certain.
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