miningmx
TODAY In Gold & Silver ›

Chamber ups wage bill offer

I-Net Bridge | Wed, 08 Jul 2009 10:31
Share
[miningmx.com] -- ANGLOGOLD Ashanti, Gold Fields and Rand Uranium negotiating at the Chamber of Mines of South Africa under the auspices of the CCMA have improved their wage offer to 9% for entry level employees and 8% for all other employees in the on-going gold sector wage negotiations.

This increment is in addition to other offers with significant cost implications including an increase in the minimum living out allowance to a minimum of R1,300 per month for this year, with a further R100 to be given in 2010, the Chamber of Mines said in a statement.

"We believe that we have made constructive progress in today's negotiations. Our offers take into account the sustainability of the industry as well as the needs of the employees", said Dr Elize Strydom who negotiates on behalf of Gold mining companies.

Harmony Gold has made a separate package of offers to the unions which includes a bonus linked to the performance of the gold price. A further round of negotiations will take place on Monday 13 July 2009.

USER COMMENTS () Click to View
COMMENT
SHARE
E-MAIL
PRINT
Add Your Comment
No bad language or hate speech please.

facebook de.li.cious Digg
special reports
News Alert! Subscribe to our Free News Alert
Most Read
Commented
Ed's Choice
  1. »ArcelorMittal checks its management system
    by Brendan Ryan | 28 Jul 2010 13:59
  2. »ArcelorMittal to drop steel prices
    by Brendan Ryan | 28 Jul 2010 07:52
  3. »Bernard Swanepoel to chair Simmers
    by Brendan Ryan | 27 Jul 2010 18:14
  4. »First Uranium recovers some lost ground
    by Brendan Ryan | 29 Jul 2010 09:52
  5. »Aquarius considers temporary closure of Blue Ridge
    by Brendan Ryan | 29 Jul 2010 11:05
  1. » Kebble's final moments described
    by Sapa | 26 Jul 2010 15:56
  2. » Investec to sub-manage $190m Nomura fund
    by I-Net | 27 Jul 2010 11:59
  3. » Subsidise the steel, or let it flounder
    by David McKay | 25 Jul 2010 10:25
  4. » De Beers guarantees Ponahalo deal
    by David McKay | 23 Jul 2010 14:30
  5. » SA govt says Kumba, Amsa will settle
    by Reuters | 19 Jul 2010 19:16
  1. » ArcelorMittal to close Saldanha plant
    by Brendan Ryan | 16 Jul 2010 14:17
  2. » Kumba, Arcelor set for Monday pow-wow
    by Jan de Lange | 18 Jul 2010 08:33
  3. » Aquarius Platinum shares plunge
    by Brendan Ryan | 19 Jul 2010 10:42
  4. » Amsa warns of beneficiation review
    by Jan de Lange | 19 Jul 2010 08:53
  5. » Labat buys Aurora gold plants for R38m
    by I-Net Bridge | 20 Jul 2010 16:36
More news from Gold & Silver
  • › Randgold share price spikes 10%
  • › More options on gold being offered
  • › Harmony closes Joel temporarily
  • › Mineworker dies at AngloGold's Tau Lekoa mine
  • › Harmony to sell Mt Magnet for $35m
  • › Gold poised as correction nears end
  • › Gold price extends losses
  • › Simmers drops proposed rights issue
  • › DRDGOLD sells prospecting rights to White Water
  • › CRG head of mining to resign
    • multimedia

    Multimedia

    LATEST PODCAST | July 23 podcast | 23 Jul 2010 - › More
    Mine safety is up for discussion this week and we speak to the DME about Aquarius Platinum’s safety ... Listen ›
    RADIO WRAP | More ›
  • › Gold One can sit out a long strike - Froneman |
  • › First Uranium rescue plan good for Simmers too - Bernard Swanepoel |
    • podcastsPodcasts
    Big opinions by big guys.     RSSRSS Feeds
    News delivered really simply.
    jobsJobs
    Current listings.     eventsEvents
    Current listings.
    jseJSE Listed stocks
    Real time resources data.
    special reportsFREE News Alert!
    Subscribe to our News Alert