In partnership with
  • Inside Labour: Minimum wage

    It is the workers’ labour that creates wealth and generates profits, says Patrick Craven.

  • Economic miracles

    Creating new money and lending or spending it wisely is key, say Edward Ingram and Riekie Cloete.

  • Strategy that works

    There are six steps to successful strategy implementation. Ian Mann looks at a roadmap to achieve this.

All data is delayed
See More

Unions lure gold firm CEOs back to table

Oct 03 2012 22:22
Zwelinzima Vavi

(Picture: Sapa)

Company Data


Last traded 1
Change 0
% Change 1
Cumulative volume 1027536
Market cap 0

Last Updated: 17-02-2017 at 03:06. Prices are delayed by 15 minutes. Source: McGregor BFA


Last traded 44
Change -1
% Change -2
Cumulative volume 2982398
Market cap 0

Last Updated: 17-02-2017 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Gold Fields' miners uncertain

Amplats mines fail to reopen

Striking workers burn NUM T-shirts

Gold Fields strikers gather on koppie

Wildcat strikes spread to more mines

Mine owners agree to discuss wage hikes

Johannesburg - Discussions on re-opening wage negotiations with striking mineworkers will begin on Thursday, said Cosatu general secretary Zwelinzima Vavi.

He was addressing thousands of striking Gold Fields workers over a megaphone on a hill outside Carletonville on Wednesday night.

All CEOs of gold-producing mines would meet with the Congress of SA Trade Unions (Cosatu) and the National Union of Mineworkers (NUM) at 13:00 to discuss the need to re-open wage negotiations, he said to cheers.

"All that is going to happen is not because of Vavi or [NUM president Senzeni Zokwana]. The power is in the workers," he said.

Also up for discussion at the meeting were services mines were required to provide, such as clinics and schools.

Vavi told the crowd that Cosatu and the NUM had met with Gold Fields' CEO Nick Holland earlier in the day.

The had agreed that the strikers should go back to the mine hostels and should continue their strike at a nearby soccer stadium, where they had gathered until now.

However, the crowd shouted that mine security would shoot them if they went back.

Vavi invited them to tell him if this happened.

He said there were conditions attached to the agreement, one of which was that the miners would not be allowed to take weapons into the stadium.

It was also agreed Gold Fields would switch on the water at the hostels and that the kitchens would work as normal.

Vavi reiterated his support for the workers and told them that if workers had to die while striking, he would die with them. "We will die together," he said.

"Employees should stay united," said Zokwana.

As the mineworkers made their way back to the hostels, some were pleased not to spend another night on the hill, and others were relieved that progress was being made in their wage negotiations.

"It's coming. The most important thing is that Gold Fields didn't want to come to the table, but at last they have convinced [Holland] to start discussions," said Senso Maphinda, 31.

"There is hope."

On Wednesday night, the NUM announced that wage negotiations in the gold and coal mining industries would reopen under an agreement reached in a meeting in Johannesburg between the Chamber of Mines, the NUM, Solidarity and UASA .

"The Chamber agreed to negotiate... [an] increase for entry level workers, [and] adjustment or upgrading for operators, which includes rockdrill operators...," spokesperson Lesiba Seshoka said in a statement.

Meanwhile, Petmin said on Wednesday that striking workers at its Somkhele anthracite mine, near Mtubatuba, in KwaZulu-Natal, could be dismissed in terms of a court interdict.

"The workers, who are employed by Sandton Plant Hire (SPH), a contractor at the mine, have again been urged to return to work and to pursue their grievances through recognised negotiating channels," mine spokesperson Jonathon Rees said in a statement.

SPH had obtained a court interdict which declared the strike illegal and allowed SPH to take any legal steps necessary to resolve the situation.

"In terms of the interdict, disciplinary action against striking workers may include dismissal," Rees said.

The Witness reported on Wednesday that a security guard was hacked to death on Monday night, apparently by striking workers.

The strike at Somkhele started last week and the first violence was reported on Monday night.

The workers wanted a take-home salary of between R10 000 and R15 000 a month.

They currently earned between R4 000 and R6 000.



Read Fin24’s Comments Policy 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
Comments have been closed for this article.

Company Snapshot

Money Clinic

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

Voting Booth

What do you want Finance Minister Pravin Gordhan to address during his budget speech?

Previous results · Suggest a vote