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Gold Fields won't 'entertain' demands

Sep 18 2012 13:18

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Last Updated: 08-10-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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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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