Share

Gold mines to sign agreement - chamber

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.

 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.15
-0.7%
Rand - Pound
23.86
-0.8%
Rand - Euro
20.42
-0.6%
Rand - Aus dollar
12.32
-0.7%
Rand - Yen
0.12
-0.6%
Platinum
955.20
+0.2%
Palladium
1,034.50
-0.1%
Gold
2,384.65
+1.0%
Silver
28.35
+0.4%
Brent Crude
87.29
-3.1%
Top 40
67,190
+0.4%
All Share
73,271
+0.4%
Resource 10
63,297
-0.1%
Industrial 25
98,419
+0.6%
Financial 15
15,480
+0.6%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders