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Mining Weekly reports that precious metals producer Sibanye-Stillwater has cemented a three-year wage agreement with all three trade unions representing its workers at the Kroondal platinum-group metals operations.
Solidarity, the Association of Mineworkers and Construction Union (Amcu) and the National Union of Mineworkers (NUM) agreed to the deal, which is effective from 1 July. The agreement will add a R1,000 increase to category B employees’ salaries for each of the next three years, while category A staff will get increases in line with the consumer price index each year. Sibanye also agreed to a R50 increase in contributions (year-on-year over the next three years) to employees’ current R300 a month medical aid subsidies for category A and B employees. The increases represent an average escalation of about 7% in the wage bill for the Kroondal operations.
- This short report is at Mining Weekly
- See too, Sibanye-Stillwater settles 7% three-year Kroondal wage deal, at Miningmx
Get other news reports at the SA Labour News home page