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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).
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