Seeking Alpha

Strikes loom at South African gold miners

  • South African gold miners including AngloGold Ashanti (AU), Harmony Gold (HMY) and Sibanye Gold (SBGL) face strike notices over pay demands, the AMCU union says.
  • The gold companies in September reached a wage accord with labor groups except AMCU, the dominant union at the largest mines in the country.
  • AMCU says members will strike at Impala Platinum (IMPUY), the world’s second-biggest producer, and meetings will be held at Lonmin (LNMIF) and Anglo American Platinum (AGPPY).
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs