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Published on Gold Anti-Trust Action Committee (http://www.gata.org)

South African mineworkers union rejects wage hike from gold producers

By cpowell
Created 2015-08-02 18:20

By Zandi Shabalala
Reuters
Sunday, August 2, 2015

http://www.reuters.com/article/2015/08/02/safrica-gold-unions-idUSL5N10D... [1]

Members of South Africa's Association of Mineworkers and Construction Union on Sunday rejected a wage offer from gold producers of increases of up to 17 percent, spokesman Manzini Zungu said.

Gold firms Sibanye Gold and AngloGold Ashanti last week offered an additional 1,000 rand ($80) a month to entry-level workers, while Harmony Gold offered 500 rand a month.

"Harmony's offer has messed it up -- the offer is too low for the members," Zungu said after a mass rally at Sibanye's Beatrix mine.

The union is demanding a more than doubling in wages but gold companies say they cannot afford such increases as they battle falling prices and rising costs.

The union will meet with the Chamber of Mines on Tuesday to officially reject what the gold companies called a "final offer."

"The final offer is just that -- final," Chamber spokeswoman Charmane Russell said. The Chamber would wait until Tuesday to hear from the union, she said.



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