What you need to know about Sibanye-Stillwater’s wage agreement with striking gold workers

PUBLISHED: Thu, 13 Dec 2018 12:37:24 GMT


JOHANNESBURG (Reuters) – Sibanye-Stillwater said on Thursday it had extended a wage agreement to cover all of its South African gold workforce, and urged striking workers who make up 43 percent of its employees to return to work.

The firm’s shares rose 5 percent after the diversified miner said the strike called by the Association of Mineworkers and Construction Union (AMCU) in November was no longer protected and all employees should report for work on Saturday Dec. 15.

Reporting by Emma Rumney; Editing by James Macharia

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.