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December 23, 2024
PI Global Investments
Precious Metals

Underground strike ends at Sibanye’s Kroondal operation


According to Sibanye, the workers were aggrieved to not have received the annual payments made last week to Rustenburg and Marikana employees under the group’s employee share option schemes.

However, it was noted by the company that the Kroondal employees were not eligible for such benefits until at least later this year.

Now that the sit-in has been resolved, the South African miner said it will engage with employees and the representative unions in accordance with existing, standard processes, adding that it “will not condone Illegal actions by any stakeholders that may compromise the safety and wellbeing of employees or the sustainability of operations.”





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