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Gold miners won't back down

Oct 15 2012 14:10
Reuters
Striking Gold Fields mine workers.

Striking Gold Fields mine workers. (AFP)

Company Data

HARMONY GOLD MINING COMPANY LIMITED [JSE:HAR]

Last traded 50
Change 1
% Change 2
Cumulative volume 3920787
Market cap 0

Last Updated: 05-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

ANGLOGOLD ASHANTI LIMITED [JSE:ANG]

Last traded 228
Change 0
% Change 0
Cumulative volume 1467561
Market cap 0

Last Updated: 05-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 63
Change -1
% Change -2
Cumulative volume 2325893
Market cap 0

Last Updated: 05-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Striking gold miners have refused the industry's latest pay rise offer despite an extended deadline to respond, the Chamber of Mines said on Monday, dimming hopes that the illegal strike in the industry would come to an end anytime soon.

“The unions have indicated that there have been mixed reactions by their members to the chamber’s proposals, and that they are unable to confirm a return to work,” it said in a statement.

The chamber also said the industry was unable to make any further proposals and companies in the sector, which include AngloGold Ashanti [JSE:ANG], Gold Fields [JSE:GFI] and Harmony Gold Mining Company [JSE:HAR], would explore other avenues to stabilise the industry.


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