"I smell a strike in the air," says South African miners union, AngloGold -5%

|About: AngloGold Ashanti Limited (AU)|By:, SA News Editor

AngloGold (AU -5%) shares sink after a National Union of Mineworkers spokesman tells Bloomberg the wage-offer gap between gold producers and labor groups in South Africa appears too wide to resolve, saying "I smell a strike in the air."

Wage negotiations stalled July 24 after the unions rejected an offer of a 5% pay increase and a housing-related allowance.

GFI -1.7%, HMY -0.7%, SBGL -3.8%.