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Num to strike at De Beers

Jul 20 2011 14:31

Company Data


Last traded 89
Change -7
% Change -7
Cumulative volume 6402489
Market cap 0

Last Updated: 25-11-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - The National Union of Mineworkers (Num) said on Wednesday it had served De Beers Consolidated Mines with a strike notice after wage talks between the two parties had failed.
The union said it was asking for a 15% rise in wages, while De Beers is offering 7.5% and a once off payment of R2 500.

“The offers are totally unacceptable to us. We totally reject these,” said Peter Bailey, the Num’s chief negotiator at the company.
Unlisted De Beers is 45% owned by mining firm Anglo American [JSE:AGL].

anglo american  |  num  |  de beers  |  diamonds  |  strikes



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