Illegal strike leaves AngloGold at a standstill

02 October 2012 - 12:47 By Sapa
subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now
Image: Gallo Images/Thinkstock

AngloGold Ashanti's mining operations remain at a standstill as an illegal strike continues, the company says.

"We still have not received through the formal bargaining process any formal demands," spokesman Stewart Bailey said.

"The overall environment remains calm."

As the strike continued those operations struggling to maintain a viable margin would be placed at risk, he said.

On Monday, CEO Mark Cutifani said it would not meet workers' demands outside the formal bargaining structures, as Lonmin had.

Giving into the striking workers' demands would only lead to job losses in future.

"I have no doubt that the implications for those companies that have had to agree to increased wage demands will be job losses. Absolutely... no doubt," he told reporters at the company's head office in Johannesburg.

"We understand what a Lonmin decision would mean for us as a business... It would mean job losses."

subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now