AMCU Gold Gross Demands

gold mining

(Miningweekly)- On Monday, wage demands submitted to South African gold producers by the solid line Association of Mineworkers and Construction Union equal or exceed those produced by the rival National Union of Mineworkers, source from Reuters.

“They’re the same level or more than what NUM demanded,” the foundation, who didn’t want to be named, said.

NUM’s demands vary between 15% and 60% for another round of wage talks due to begin early next month. AMCU officials couldn’t just be reached for comment.

The origin said the AMCU demands included raising the job categories that a few of its members are in, a move which will automatically increase their wages.

Just having the demands from AMCU removes one layer of uncertainty in front of talks anticipated being one of the  ever as rising worker militancy clashes head up with falling commodity prices and squeezed company margins.

AMCU has emerged, while the dominant union on the platinum sector following a vicious turf war with NUM that killed over 50 people a year ago, cost producers billions in lost production and resulted in credit downgrades for Africa’s largest economy.

It’s made fewer inroads in gold and in accordance with data from the chamber of mines claims about 17% of the workers because the sector in comparison to a lot more than 60% for the NUM, which obviously is a key of political ally of the ruling African National Congress.

The chamber represents South Africa’s leading gold producers including AngloGold Ashanti and Gold Fields.