• Inside Labour

    Terry Bell explores the connection between poultry, poverty and desperation.

  • A new ANC sweeper?

    Have the Guptas' new auditors mastered how to look the other way on cue, asks Solly Moeng.

  • Strategy for the big boys

    Formulating strategy across the span of huge companies is a marathon, says Ian Mann.

All data is delayed
Loading...
See More

Strike at Anglo mines end

Oct 24 2012 16:32
I-Net Bridge

Company Data

ANGLOGOLD ASHANTI LIMITED [JSE:ANG]

Last traded 226
Change 6
% Change 3
Cumulative volume 2215674
Market cap 0

Last Updated: 29-04-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

AngloGold miners trickle back to work

S&P sounds warning on AngloGold

AngloGold mulling strike ultimatum

AngloGold workers rally for mass meeting

Gold Fields: Workers returning

AngloGold issues ultimatum

 
Johannesburg - AngloGold Ashanti [JSE:ANG] announced on Wednesday afternoon that the unprotected strike across the three mines at its Vaal River region has come to an end.

Workers at the Kopanang‚ Great Noligwa and Surface Operations had returned to work on Monday and those at Moab Khotsong had ended their unprotected work stoppage on Tuesday‚ the group said.

“All of these operations have begun the process of ramping up production levels and all returning workers will receive the recently improved wage offer made through the industry’s Collective Bargaining framework‚” the group added.

Unfortunately‚ it said‚ about 12 000 workers remained on an unprotected strike‚ primarily at AngloGold Ashanti’s West Wits region which comprises the Mponeng‚ TauTona and Savuka mines.

“This is despite the concerted attempts made to resolve the issue through the gold industry’s collective bargaining framework which includes the Chamber of Mines and organised labour‚” the group stated.

AngloGold Ashanti’s management issued an ultimatum on Monday for striking workers to return to work no later than 12:00 today‚ Wednesday‚ 24 October or face dismissal proceedings. 

While the ultimatum has passed‚ and the dismissal process has started‚ management remains in dialogue with employees.

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...