Fin24

Gold miners won't back down

2012-10-15 14:10

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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Comments
  • derekneilmaclachlan - 2012-10-15 14:54

    Gold mines!!!!!its now time to fire these workers and get people in who actually want to work.....or of course you could just close down, because if you back down you will in the future have to close down.

  • DrGonzoSA - 2012-10-15 15:01

    First permanent closure and job losses not far off now. Savuka the favourite

  • holger.schonfeld.9 - 2012-10-15 15:41

    1 of 4 people dont have jobs and they dont want to work.. so i say let them and bring thos in who wish for employment

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