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South Africa's Sibanye Gold Mine Workers Plan to End Strike as Wage Deal Reached

  • Pay deal will end nearly three months of worker’s strike
  • Increase is in line with inflation, company spokesman says
Updated on

Sibanye Stillwater Ltd.’s biggest mining unions agreed to a wage deal that will end nearly 90 days of a workers’ strike at its three gold mines.

Sibanye and the Association of Mineworkers and Construction Union and the National Union of Mineworkers, or NUM will probably sign the three-year agreement next week, according to James Wellsted, the spokesman for the Johannesburg-based precious metals producer. The pay deal that the workers agreed to, is linked to inflation and “that’s what we have always wanted to achieve,” Wellsted said.