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Press release - AMCU strike suspended pending labour court judgment
Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
(“Harmony” or “the company”)
AMCU strike suspended pending labour court judgment
Harmony Gold Mining Company Limited (“Harmony” and/or “the Company”)
confirms that AMCU’s (Association of Mineworkers and Construction Union)
proposed strike at Harmony’s Kusasalethu and Masimong mines has been
suspended pending a judgment awaited from the Labour Court in Gauteng on
30 January 2014.
The Chamber of Mines, representing the gold companies, argued today for
an interdict against the strike. The main grounds for the application
were that an agreement for the gold sector was reached last September
with the National Union of Mineworkers, UASA and Solidarity which,
between them, represent a majority (72%) of employees in the sector.
The Labour Court stated that it was unable to give its judgment
immediately and needed time to consider the arguments by both parties and
will make its judgment on 30 January 2014. The court ordered that the
strike may not take place in the interim.
Attendance levels at both Kusasalethu and Masimong mines were normal this
morning.
For more details contact:
Henrika Ninham
Investor Relations Manager
+27 (0) 82 759 1775 (mobile)
Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)
23 January 2014
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
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