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South Africa's NUM reaches new wage deal for gold miners

Miners working for AngloGold Ashanti, Harmony and Gold Fields will benefit from the new pay structure, says the National Union of Mineworkers.

Posted: Thursday , 25 Oct 2012

JOHANNESBURG (Reuters)  - 

South Africa's National Union of Mineworkers (NUM) said on Thursday it had reached a wage deal with the Chamber of Mines that raises gold miners' pay by a cumulative 11-20.8 percent.

NUM said entry levels positions would now receive 5,000 rand a month, from 4,840 rand previously.

"The latest adjustments, on top of earlier pay rises applicable from July 1, 2012, lift wage rates by a cumulative 11 percent to 20.8 percent," NUM said in a statement.

Miners working for AngloGold Ashanti, Harmony and Gold Fields would benefit from the new pay structure, it said.

(Reporting by Helen Nyambura-Mwaura; Editing by Ed Cropley)

© Thomson Reuters 2012 All rights reserved

 

Tags: mining, investments, mining and metals, NUM, South Africa, National Union of Mineworkers, South Africa Chamber of Mines, gold mining, Harmony Gold, Gold Fields, AngloGold Ashanti

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10 May 2013


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