• BEE winners and losers

    Creating real change and real jobs requires a new ideology, says Gerhard Papenfus.

  • Governance matters

    Addressing risk well and timeously can be a source of growth, says Ian Mann.

  • Road to riches

    Taxpayers keep funding structures with big plans but who knows what efficacy, says Mandi Smallhorne.

Loading...
See More

Mines, unions meet over wage offer

Oct 15 2012 11:24 Sapa

Striking miners. Picture: AP

Company Data

ANGLOGOLD ASHANTI LIMITED [JSE:ANG]

Last traded 117
Change 1
% Change 1
Cumulative volume 345856
Market cap 0

Last Updated: 31-03-2015 at 03:03. Prices are delayed by 15 minutes. Source: McGregor BFA

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 52
Change 0
% Change -1
Cumulative volume 675422
Market cap 0

Last Updated: 31-03-2015 at 03:03. Prices are delayed by 15 minutes. Source: McGregor BFA

HARMONY GOLD MINING COMPANY LIMITED [JSE:HAR]

Last traded 21
Change 0
% Change 1
Cumulative volume 370893
Market cap 0

Last Updated: 31-03-2015 at 03:03. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Screw it, let's do it

Amplats strike to escalate

Amplats already lost R1.1bn due to strike

Kumba: Striking miners won't leave

S&P cuts SA’s foreign currency rating

Miners crushed in Palaborwa rock fall

 

Johannesburg - The SA Chamber of Mines will meet unions in the gold mining sector on Monday to get the response to the offer tabled by employers last week.

"Unions are not making demands yet. They are coming back with a response on the offer which was tabled by employers last week," said chamber spokesperson Vusi Mabena.

Mabena said a press release would be issued if the meeting was concluded on Monday.

Last week, the chamber agreed to give the unions an extension to communicate the proposals to workers. They had until Monday to return with a response.

On behalf of AngloGold Ashanti [JSE:ANG], Gold Fields [JSE:GFI], and Harmony Gold Mining Company [JSE:HAR], the chamber had proposed doing away with the lowest wage category to increase the industry's entry-level wage.

A new category would be created for locomotive, loader, winch, and water jet operators, to improve their salaries.

Other employees would have their pay adjusted to preserve the integrity of the present job grading framework. An allowance for rock drill operators was also proposed.

The National Union of Mineworkers (NUM) said on Friday intimidation prevented it from communicating with all its members.

The NUM said it received mixed reactions from the few members it interacted with during the illegal and unprotected strikes at several gold mines.

Uasa said its members were not satisfied with the employers' offer.


*Follow Fin24 on Twitter and Facebook

 
num  |  chamber of mines  |  mining unrest

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
5 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How will you manage Vodacom’s price hike for contracts?

Previous results · Suggest a vote

Loading...