HomeBase MetalsGold wage talks continue

Gold wage talks continue

Tau Tona mine
Johannesburg, South Africa — MININGREVIEW.COM — 30 June 2009 – South African gold mining companies are continuing mediation talks with their workers in the continuing wage dispute between the two parties.

This was confirmed by Chamber of Mines spokesman Jabu Maphalala here today in a telephone interview with Bloomberg News.

The country’s labour unions – which want a 15% pay increase – declared a wage dispute with gold producers, including AngloGold Ashanti Limited – the world’s No. 3 gold producer –on 11 June. Members of the chamber are offering 7%.

Meanwhile South Africa’s biggest mining trade union – the National Union of Mineworkers (NUM) – has expressed its willingness lower its demand for a15% wage increase for its members at Anglo Platinum as a trade-off for the company coming close to meeting its other demands.