South African Gold Strike Talks Fail With 50% of Output Shut
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Africa’s largest gold producers will pursue legal remedies instead of continuing talks with unions after South African strikes widened, idling half of the nation’s output of the metal, the Solidarity union said.
AngloGold Ashanti Ltd., Gold Fields Ltd. and Harmony Gold Mining Co. will “look at a new negotiating model once order and stability is restored,” and won’t raise an earlier offer to workers, Gideon du Plessis, the head of Solidarity, said by mobile phone today. He commented after talks between the Chamber of Mines industry body and unions including the largest, the National Union of Mineworkers, or NUM.