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Gold Fields won't 'entertain' demands

Sep 18 2012 13:18 Reuters

Company Data

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 41.29
Change 0.69
% Change 0.02
Cumulative volume 882857
Market cap 31.99bn

Last Updated: 25/07/2014 at 04:33. Prices are delayed by 15 minutes. Source: McGregor BFA

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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. 



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gold fields  |  mining unrest
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