Amcu & gold sector to start fresh wage talks after deadlock

Amcu’s Jimmy Gama says they’ve agreed to meet with gold producers this week.

FILE: The highest offer from the mines on the table is 13 percent. Picture: Reinart Toerien/EWN.

JOHANNESBURG - The Association of Mineworkers and Construction Union (Amcu) says it will return to wage talks with gold producers after walking out last week.

During a press conference this morning Amcu confirmed that it declared a deadlock but clarified that this doesn't mean the union has abandoned the wage negotiations or that it intends to embark on a strike.

Amcu's Jimmy Gama says they've agreed to meet with gold producers this week.

"After our deadlock declaration last week, we have written them some letter and as a result they have agreed to meet tomorrow and Thursday to deal with the issues where we have deadlocks with in the negotiations."

Last week Gold mine producers said that it would be 'irresponsible' to agree to the union's salary demand as it is unaffordable.

The highest offer from the mines on the table is 13 percent.

Amcu alone is demanding an R18 billion wage bill from all companies over one year.

AngloGold Ashanti, Evander Gold Mines, Harmony Gold, Sibanye Gold and Village Main Reef said the demands made by the unions are were high as an additional R16,5 billion across the five companies.

Gold producers' spokesperson Charmane Russell said at the time, "Regrettably Amcu has decided to declare a deadlock and invoke a dispute through the dispute resolution mechanism. That doesn't mean talking won't continue."

Furthermore, gold producers said although it was regrettable that Amcu had declared a deadlock with wage negotiations they remained hopeful of a speedy resolution.