https://www.engineeringnews.co.za

Gold companies focus on social impact of wage talks

24th June 2015

By: Creamer Media Reporter

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Gold companies AngloGold Ashanti, Evander Gold Mines, Harmony, Sibanye Gold and Village Main Reef met the Association of Mineworkers and Construction Union (AMCU), the National Union of Mineworkers (NUM), Solidarity and Uasa over three days starting June 22.

Over this period, the unions tabled their demands while the producers tabled the principles of an economic and social sustainability compact.

These principles involved profitability and sustainability of the industry, partnerships between stakeholders, transparency and information sharing, employment retention and fair returns to all stakeholders in the context of the industry’s challenging situation.

When the negotiations reconvened on June 29, the gold producers planned to table an offer in respect of wages and benefits within the principles of the proposed compact.

Speaking on behalf of the gold companies, Dr Elize Strydom said: “We urge all parties to proceed with wage negotiations with an open mind and in good faith, and recognise our interdependence – the gold mining industry’s sustainability, its transformation and the welfare of its employees are a shared responsibility.”

Edited by Tracy Klückow
Creamer Media Contributing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ACTOM
ACTOM

Your one-stop global energy-solution partner

VISIT SHOWROOM 
WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.05 0.85s - 140pq - 2rq
Subscribe Now