[miningmx.com] – THE Association of Mineworkers & Construction Union (AMCU) was playing ‘cat and mouse’ with rival, the National Union of Mineworkers (NUM), a development that was helping South African gold producers weather a strike called on September 3, said analysts cited by Bloomberg News.
“AMCU is playing cat and mouse with the chamber and NUM,’ Bloomberg News quoted David Davis, an analyst at SBG Securities, as saying. “If there’s any agreement with NUM, then AMCU may well go on strike,’ he said.
For mine operators, “the advantage is labor is divided,’ Mark Rosenberg, an Africa analyst at Eurasia Group, told the newswire service. “The rise of AMCU is undermining the traditional sector-wide collective bargaining in gold.’
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