No formal demands as AngloGold remains at a standstill

2012-10-02 09:38

AngloGold Ashanti’s mining operations remained at a standstill as an illegal strike continued, the company has said.

“We still have not received, through the formal bargaining process, any formal demands,” spokesperson Stewart Bailey said today.

“The overall environment remains calm.”

As the strike continued, those operations struggling to maintain a viable margin would be placed at risk, he said.

Yesterday, CEO Mark Cutifani said it would not meet workers’ demands outside the formal bargaining structures, as Lonmin had.

Giving into the striking workers’ demands would only lead to job losses in future.

“I have no doubt that the implications for those companies that have had to agree to increased wage demands will be job losses. Absolutely ... no doubt,” he told reporters at the company’s head office in Johannesburg.

“We understand what a Lonmin decision would mean for us as a business ... It would mean job losses.”


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