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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 33.73
Change -0.36
% Change -0.01
Cumulative volume 280117
Market cap 14.70bn

Last Updated: 30/07/2014 at 04:23. Prices are delayed by 15 minutes. Source: McGregor BFA

ANGLOGOLD ASHANTI LIMITED [JSE:ANG]

Last traded 187.91
Change -3.01
% Change -0.02
Cumulative volume 287322
Market cap 75.81bn

Last Updated: 30/07/2014 at 04:25. Prices are delayed by 15 minutes. Source: McGregor BFA

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 42.72
Change 0.22
% Change 0.01
Cumulative volume 1474599
Market cap 33.10bn

Last Updated: 30/07/2014 at 04:25. 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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