Wrap Text
Threatened strike by AMCU declared unprotected by Labour Court interim interdict
AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN No. ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
News Release
30 January 2014
Threatened strike by AMCU declared unprotected by Labour Court interim interdict
(ANGLOGOLD ASHANTI – Press Release) AngloGold Ashanti is pleased to advise that South
Africa’s Labour Court has today ruled that a strike threatened by the Association of
Construction and Mineworkers Union (AMCU) at the company’s South Africa mines would be
unprotected, and that employees should continue to proceed to work. The ruling given
by Judge Edwin Molahlegi, on behalf of Judge Hamilton Cele, ruled that AMCU must return
to court on 14 March 2014 to explain why this interim interdict that was applied for by
the Chamber of Mines should not be made permanent.
AMCU sought to proceed with strike action on a number of gold mining operations with effect from
20 January 2014 in relation to the wage agreement that was finalised in September 2013 in the gold
sector between the employers and the National Union of Mineworkers, UASA and Solidarity and
which was applied to all employees in the represented bargaining units. Together, these three
unions represented 72% of employees in the sector. The agreed increases and improved benefits
were backdated to 1 July 2013 and all employees, irrespective of union affiliation, have been in
receipt of these since September 2013.
An urgent interdict brought to the court by the gold producers was heard on 19 January, and
Judge Cele ordered that strike action be held in abeyance until today’s ruling.
SPONSOR: UBS South Africa (Pty) Limited
ENDS
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Contacts
Media
Chris Nthite +27 (0) 11 637 6388/+27 (0) 83 301 2481 cnthite@anglogoldashanti.com
Stewart Bailey +27 81 032 2563 / +27 11 637 6031 sbailey@anglogoldashanti.com
General inquiries media@anglogoldashanti.com
Investors
Stewart Bailey +27 81 032 2563 / +27 11 637 6031 sbailey@anglogoldashanti.com
Sabrina Brockman (US & Canada) +1 (212) 858 7702 / +1 646 379 2555 sbrockman@anglogoldashanti.com
Fundisa Mgidi (South Africa) +27 11 6376763 / +27 82 821 5322 fmgidi@anglogoldashanti.com
General inquiries investors@anglogoldashanti.com
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