Johannesburg - The National Union of Mineworkers (NUM) said
on Thursday it had reached a wage deal with the Chamber of Mines that raises
gold miners’ pay by a cumulative 11% - 20.8%.
NUM said entry levels positions would now receive R5 000 a month, from R4 840 previously.
“The latest adjustments, on top of earlier pay rises
applicable from July 1, 2012, lift wage rates by a cumulative 11% to 20.8%,”
NUM said in a statement.
Miners working for AngloGold Ashanti [JSE:ANG], Harmony Gold Mining Company [JSE:HAR] and Gold Fields [JSE:GFI] would benefit from the new pay structure, it said.