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LATEST UPDATE ON GOLD SECTOR WAGE NEGOTIATIONS - …

LATEST UPDATE ON GOLD SECTOR WAGE NEGOTIATIONS. The National Union of Mineworkers (NUM) has today declared a war with the gold producers over wage increases. The employers are continuing to be arrogant, and are negotiating in bad faith.

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Sibanye Cuts Thousands of Platinum Jobs Amid Wage Impasse ...

Sep 25, 2019· Sibanye Gold Ltd. plans to cut 5,270 jobs at its troubled Marikana platinum mines as deadlocked wage negotiations brought a strike one step nearer.

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Gold negotiations: A test of trust - Daily Maverick

Jun 22, 2015· Wage negotiations in the gold sector start on Monday. The industry's stability and future growth is up against urgent demands to increase pay. The negotiations will test the trust between labour ...

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Minerals Council says 75% of SA's gold mines unprofitable

WAGE NEGOTIATIONS Minerals Council says 75% of SA's gold mines unprofitable. BL PREMIUM . 11 July 2018 - 05:10 Allan Seccombe.

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Gold wage agreement key for industry sustainability ...

Jul 10, 2018· The negotiations will have two independent plenary chairpersons to "ensure the process is run seamlessly," according to the Minerals Council. READ: AMCU seeks R12 500 minimum for gold miners The gold producing companies employ over 80 000 people as miners, artisans and officials.

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South Africa Union Seeks 12,500 Rand Minimum for Gold Miners

Jun 10, 2018· South Africa's Association of Mineworkers and Construction Union plans to demand a 12,500 rand ($950) monthly minimum wage from some of the country's top gold producers in upcoming negotiations.

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Amplats, Sibanye-Stillwater say wage talks stable after ...

Sep 10, 2019· ANGLO American Platinum (Amplats) and Sibanye-Stillwater were likely to call in mediators after the Association of Mineworkers & Construction Union (AMCU) declared a dispute regarding wage negotiations, said Bloomberg News. "AMCU declared a dispute, which is normal during wage negotiations," Amplats spokeswoman, Jana Marais, told Bloomberg News.

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Wage talks in gold sector - Eyewitness News | EWN

Two mining companies have signed agreements with unions, ending weeks of negotiations. 1637 days ago Gold wage talks: All parties willing to reach a compromise

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Gold wage negotiations to start on Wednesday

Wage talks between mining sector unions and gold producers are expected to start on Wednesday. In a statement released on Tuesday, the Minerals Council South Africa, representing gold miners ...

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This is Gold

The gold mining industry plays an important role in the lives of employees, communities and the country as a whole. This is Gold is an initiative begun by South African gold producers to provide insight into the gold industry, and its contribution to South Africa.

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GoldWageNegotiations - GWN

Gold wage negotiations update 29 August 2018 Gold wage negotiations update 22 August 2018 Negotiations continue despite the NUM declaring a dispute ... In 2017, the gold mining industry: Contributed R42.7 billion* towards GDP. Produced 138 tonnes of gold. Sold R67.6 billion of gold.

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Gold mining companies table three-year wage offers – The ...

Gold mining companies today tabled their three-year wage proposals, ranging from 5.5 percent and 6.5 percent for underground employees, and between 3 and 4.5 percent for miners, artisans and ...

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'Three-Quarters Of SA Gold Mines Unprofitable - Minerals ...

As wage negotiations between gold mines and unions kick off on Wednesday, the Minerals Council of SA has revealed that about three-quarters of South Africa's gold mines are unprofitable or hardly ...

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Mining sector to begin second quarter wage talks

MINE workers and the Chamber of Mines will meet today to begin discussions over a wage increment for the second quarter.The negotiations are being held amid a deepening economic crisis ...

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Lessons in wages from Marikana - The Mail & Guardian

Jul 09, 2015· Lessons in wages from Marikana. ... Wage negotiations in the gold mining sector are getting heated ... means the offer extended was the highest first offer the chamber has made in wage ...

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Company announcements - Harmony Gold

Oct 02, 2015· Harmony Gold Mining Company Limited ("Harmony" or "the Company") is pleased to announce that it has reached a three year wage agreement with the National Union of Mineworkers, UASA and Solidarity, effective from 1 July 2015. Increases range from 6% for miners, artisans and officials to 10.4% for category 4 employees.

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Home | Sibanye-Stillwater

Sibanye-Stillwater is a leading international precious metals mining company, with a diverse portfolio of platinum group metal (PGM) and gold operations and projects. We are the world's largest primary producer of platinum, the second largest primary producer of palladium and the third largest producer of gold (on a gold-equivalent basis), as ...

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Home - Minerals Council South Africa

The Minerals Council South Africa announced the publication of its Integrated Annual Review and Financial Statements for the year ended 31 December 2019 at its 130th annual general meeting (AGM) today. 2019 Highlights. The mining sector contributed R360.9 billion to GDP in 2019.

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MiningWeekly.com | Mining Sector News | Mining Industry | Gold

Detailed news coverage of the Gold Industry providing an overview of the gold sector in South Africa and Africa, focusing on factors influencing the gold market and the price of gold.

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HOME - AMCU

AMCU Calls on Mining Houses to Convene Corona Virus Summit—AMCU Adamant Over Worker Safety As Lockdown Moves To Level 3—AMCU Calls For Universal Covid-19 Testing At Mines—AMCU Gets Court Order To Set Minimum Standards In Mining—AMCU Ready For Court Bid To Set Minimum Standards In Mining—AMCU Disappointed By Lacking Covid-19 Regulations For Mining And Energy—AMCU …

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Minerals Council grilled over gold mining sector stats ...

The third round of gold mining sector wage negotiations took place on Wednesday, at which the Minerals Council South Africa was peppered with questions by gold sector unions seeking to gain ...

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Facts & figures - goldwagenegotiations.co.za

Aug 24, 2018· On average, gold wages have been 4 percentage points above CPI (10 year average) South Africa's gold mines are on average the most expensive in the world. SA average AISC at $1 035/oz compared to global average AISC of $818/oz

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Company announcements - Harmony Gold

Oct 03, 2018· Harmony Gold Mining Company Limited ("Harmony" and/or "the company") wishes to announce that it has reached a three year wage agreement with the National Union of Mineworkers, UASA and Solidarity, effective from 1 July 2018. "We are pleased with the outcome of the wage negotiations.

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Yearly Wage Negotiations Could Hurt South African Gold ...

Mining Weekly reported that Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti Ltd. (NYSE:AU), believes that yearly wage negotiations in South Africa between gold companies and their employees ...

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News releases | Sibanye-Stillwater

Referral of the Platinum wage negotiations dispute to the CCMA for Sibanye-Stillwater's Rustenburg and Marikana operations September 30, 2019 Sibanye-Stillwater enters Section 189 consultation with stakeholders at its Marikana operation and associated services

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In South Africa, Possible Progress in Wage Negotiations

Sep 06, 2013· These deals could help the remaining negotiations between the major unions and remaining manufacturers that are occurring simultaneously through the South African Chamber of Mines. In those negotiations, gold producers submitted a new 8 percent wage increase offer Sept. 4 that the National Union of Mineworkers has accepted for employees at four ...

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2018 - Harmony Gold

Engagement with shareholders regarding Harmony's implementation report. Harmony Gold Mining Company Limited advises shareholders that subsequent to the company's announcement entitled "Results of Harmony's Annual General Meeting" released on 7 December 2018 whereby more than 25% of the voting rights exercised voted against the company's implementation report, shareholders are ...

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Wage Talks Begin in South Africa's Shrinking Gold Industry ...

Jul 11, 2018· The current gold-wage agreements expired on June 30 and new agreements that result from the centralized collective bargaining process will be …

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