BUSINESS MAVERICK: Five-month strike at Sibanye-Stillwater gold mines has ended after Amcu decided to cut its losses

Business News News

BUSINESS MAVERICK: Five-month strike at Sibanye-Stillwater gold mines has ended after Amcu decided to cut its losses
Business Business Latest News,Business Business Headlines

BUSINESS MAVERICK: Five-month strike at Sibanye-Stillwater gold mines has ended after Amcu decided to cut its losses By Tim Cohen tim_cohen

The Association of Mineworkers and Construction Union has agreed to end its five-month strike at Sibanye-Stillwater gold mines, accepting essentially the same agreement as members of the National Union of Mineworkers accepted months ago.

Amcu President Joseph Mathunjwa said at a press conference on Wednesday there was no political pressure for the union to sign an agreement with Sibanye.The decision was solely based on the plight of and mandate from our members whom we serve,” he said. Amcu really didn’t have an answer to Froneman’s argument, since if it were to win extra concessions, it would be satisfying its existing membership at the expense of its potential membership.

 

Why? .. because it's longer making money 🙄🙄

And who is going ti pay my lost salary for 5 months? StupidIdea Uselessness

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Zimbabwe, Russia Sign $4 Billion Platinum Mine DealBusiness Maverick: Zimbabwe, Russia Sign $4 Billion Platinum Mine DealZimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalizing a deal that’s stalled since 2014.
Read more »

Business Maverick: Uber Makes IPO Case That It’s About the Platform, Not the LossesBusiness Maverick: Uber Makes IPO Case That It’s About the Platform, Not the LossesUber Technologies Inc., the current era’s archetypal startup, moved toward becoming a public company Thursday, revealing that it racked up a $3 billion operating loss last year and hoping potential investors will look beyond that.
Read more »



Render Time: 2025-01-09 12:18:25