• Three cheers for Thuli

    Where are South Africa’s men and women of honour, asks Mandi Smallhorne.

  • Structure your pension

    An expert explains the ins and outs of different types of retirement annuities.

  • Inside Labour

    Without radical policy change SA's social fabric will continue to fray, says Terry Bell.

Data provided by iNet BFA
Loading...
See More

Gold Fields won't 'entertain' demands

Sep 18 2012 13:18 Reuters

Company Data

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 51.63
Change 1.22
% Change 0.02
Cumulative volume 81135
Market cap 40.03bn

Last Updated: 01/09/2014 at 09:16. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Gold Fields lists how much miners lose

Gold Fields protesters on the march

Gold Fields strikers vow to disrupt ops

Gold Fields protest crowd grows

Three mines at a standstill

Gold Fields to 'wait and see'

 

Johannesburg - The chief executive of South Africa's third largest gold producer Gold Fields [JSE:GFI] said on Tuesday the group was not willing to consider strikers’ wage demands of a minimum of R12 500 a month for now.

"Clearly at this stage we will not entertain any of that. We have a two year wage deal that expires on the 30th of June next year and as far as I am concerned that's it," Nick Holland told Reuters Insider on Tuesday.

Gold Fields' KDC West operations in South Africa have been halted by an illegal strike since September 10. 



*Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.



 
gold fields  |  mining unrest
NEXT ON FIN24X

Implats mulls mechanisation

2014-08-29 06:00

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
26 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

“Hippie sense makes business sense,” an entrepreneur said, adding that "purpose" was core to success.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...