Pan African Resources has successfully concluded a gold wage agreement at its Barberton and Evander gold mining operations and entered into multi-year agreements with the unions representing its employees.
Barberton Mines has concluded a two-year agreement with the National Union of Mineworkers (NUM) and the United Association of South Africa (UASA) on wages and other conditions of employment for employees at the operation.
The wage agreement will see the average Barberton Mines salary and wage bill increase for the two financial years ending 30 June 2016 and 2017 by about 9% a year, effective from 1 July 2015.
Meanwhile, Evander Gold Mines, under the auspices of the Chamber of Mines, has concluded a three-year agreement with NUM and UASA on wages and other conditions of employment for employees at the operation.
The average Evander Mines salary and wage bill increase for the three financial years ending 30 June 2016, 2017 and 2018 will amount to approximately 7.8% a year, effective from 1 July 2015.
Category 4 to 8 employees and B-lower officials will receive an increase of R 700 per month in years 1, 2 and 3, as well as a R100 per month increase in living-out allowance in year 1, while miners, artisans and officials, will see an increase of 6% on standard rate of pay in years 1, and 6% or CPI (whichever is the greatest) in years 2 and 3.
Pan African Resources CEO Cobus Loots said in a statement that the company now has multi-year wage agreements in place at its gold mining operations.
“These agreements provide certainty to all Pan African Resources stakeholders and enable our employees to focus on delivering on our production targets,” he said.