Harmony says Kusasalethu strike nears end

[miningmx.com] – HARMONY Gold Mining Company (Harmony) has given
further evidence that the spate of wildcat strikes that have dogged the gold mining
industry throughout the spring are coming to an end.

According to reports by Reuters and Bloomberg News, there was a good turnout of
workers at Harmony’s Kusasalethu mine which is located in Carltetonville on South
Africa’s West Rand.

As many as 5,400 workers returned to work at the mine, one of Harmony’s largest,
after having lost about 20 days of production, equal to about 13,000 ounces of gold,
Bloomberg News said.

The workers returned by the deadline at 6am local time after the company issued a
final ultimatum at the mine near Carletonville after they walked out on October 2,
said Bloomberg News, citing Marian van der Walt, a Harmony spokesperson.

On October, 24, AngloGold Ashanti confirmed that some 12,000 workers at its Vaal
Reefs operations had returned to work. However, a further 12,000 were still on strike
at its West Wits operations.

AngloGold and Gold Fields have started a process of firing 20,000 workers at their
mines after ultimatums from both companies were ignored by miners on certain
mines, predominantly on the West Rand.