Fin24

Gold mines to sign agreement - chamber

2012-10-23 07:59

Johannesburg - Mines and trade unions will sign an agreement on Thursday to bring normality to the gold mining sector, the Chamber of Mines said on Monday.

"We now have to put all our efforts into stabilising the gold mining sector and returning the industry to normality," the chamber's Elize Strydom said in a statement.

The Chamber of Mines, representing AngloGold Ashanti [JSE:ANG], Gold Fields [JSE:GFI], and Harmony Gold Mining Company [JSE:HAR], met with the National Union of Mineworkers, Solidarity, and Uasa on Monday.

Strydom said the parties agreed in principle on the content of the agreement which they intended signing on Thursday.

Monday's discussions were positive and there was a collective resolve by all parties to end the unprotected strikes as soon as possible, as this is in the best interests of the employees and the companies.

"It is most pleasing to note that large numbers of employees have returned to work and strikes on a number of operations have ended," she said.

Miners went on strike in September for monthly salaries of between R12 500 and R16 000.

 

Comments
  • rowan.maulson - 2012-10-23 08:28

    If this agreement grants these miners even 1c more on their monthly salaries, then the mines have shot themselves in the foot.

      arthur.letlhogonolo - 2012-10-24 15:24

      u seem 2 b out of ur mind hey!

  • Phindile Manganyi - 2012-10-23 08:48

    what happened to the newly found union,are they being sidelined now?

  • jason.heineberg - 2012-10-23 09:08

    Mines should have HR exercises to teach their employees common sense, maybe educate them a bit on how things work in the world, how the strikes affect the industry etc. Maybe that would prevent future stupidity...

  • SarelJBotha - 2012-10-23 09:15

    There will never be normality as long as the unions have so much influence. They distort the free-market system and will lead to many people loosing jobs as mines close. These bosses seem to think they know better, but they just do not learn. If they want to break the unions, they need to stop paying taxes until government is forced to act against the unions or go under themselves.

  • Thobile Lugwadu - 2012-10-23 09:25

    Where is the worker's reps in these agreements? You have all seen that the NUM has lost its credibility.

  • Jd.0734231768 - 2012-10-23 10:48

    U jst cannot sign n agreement wid the union,the ryt ppl u shud b signin wid r the workers,as they r the once whu r workng,.aeyy mzanzi still gttng deeper in2 trouble

  • marev.audioslave - 2012-10-23 18:29

    Guys please dont be jealous, we're getting another increase here...

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