https://www.engineeringnews.co.za

Sibanye reaches wage agreement with Stillwater union

19th June 2017

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Dual-listed Sibanye has secured a two-year wage agreement with the United Steel Workers of America, International Union –  the representative union at its newly acquired Stillwater Mining Company platinum group metals operations in Montana, in the US.

Under the terms of the agreement, there will be a 2% general wage increase for all job categories effective from June 2 to January 1, 2018, with a further 1% increase effective from January 1 to June 1, 2018.

A further 2% increase will be implemented for the second year of the agreement, from June 2, 2018, to June 1, 2019.

Sibanye CEO Neal Froneman said the company was encouraged by the sensible and mature manner in which stakeholders have engaged, to agree on a mutually favourable outcome for the company and employees.

“We look forward to similar engagement with all of our stakeholders at the Stillwater operations and are optimistic about the important role these operations will play in the future of the Sibanye group.”

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ATI Systems
ATI Systems

ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.071 0.777s - 140pq - 2rq
Subscribe Now