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Mining companies take on Amcu to prevent secondary strike

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With just hours left, 10 mining companies will seek an urgent interdict against Amcu's secondary strike that could cost up to R789m a day in lost revenue.

Amcu members who work for Sibanye-Stillwater gather for a strike update on a koppie near a gold mine in Carletonville, west of Johannesburg. Picture: ALAISTER RUSSELL

The losses calculated by Minerals Council SA chief economist Henk Langenhoven show the damaging impact of the secondary strike at gold and platinum companies unrelated to Sibanye in any way as well as Glencore Alloys, Tharisa Minerals and Tshipi é Ntle Manganese Mining. Of the 11 remaining companies, including SA’s three largest platinum miners and its leading gold miners, Sibanye’s platinum division will not interdict the strike, being a directly related party to the strike called on November 21 at Sibanye’s gold mines.

The first two points have been checked, with the Sibanye gold strike afforded protected status and seven days notice has been given to companies Amcu wants to engage in a secondary strike.“The nature and extent of the secondary strike must be reasonable in relation to the possible direct or indirect effect that the secondary strike may have on the business of the primary employer,” the act stipulates and this could be where mining companies have their strongest argument.

It is highly unlikely that Sibanye CEO Neal Froneman will take much heed of a secondary strike at other mines, having steadfastly refused Amcu’s demands for a R1,000 a month pay increase for the union’s 14,000 members at Sibanye’s gold mines. Companies like AngloGold Ashanti, Harmony Gold and Village Main Reef served with secondary notices could lose up to 379kg of gold a day, amounting to R201m of daily revenue lost, said Langenhoven.

 

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