This post was originally published on this site.
NYSE- and JSE-listed precious metals miner Sibanye-Stillwater’s workforce has successfully ratified a new collective bargaining agreement at the East Boulder mine in Montana, in the US, effective retroactively from August 1 this year to July 31, 2029, with the United Steel Workers International Union (USW).
The new agreement provides a wage increase of 4.5% in year one and the greater of 3.5% or consumer price index (CPI) in year two and the greater of 3% or CPI in year three of the agreement.