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Minerals Council says 75% of SA’s gold mines

Amcu, with its usual demand of R12,500/month, put its demand at 58% above prevailing wages. With labour costs making up 53% of gold mining costs, an increase of those proportions, combined with the costs of the other demands, would force marginal mines out of business and lead to large job losses.'Three Quarters Of SA Gold Mines Unprofitable' ,As wage negotiations between gold mines and unions kick off on Wednesday, the Minerals Council of SA has revealed that about three-quarters of South Africa's goldWage negotiations for the gold industry 2015,Timeline of events 29 August 2018Gold Wage Negotiations to continue 22 August 2018Negotiations continue despite the NUM declaring a dispute21 August 2...

Gold miners offer gloomy scenarios at wage

Gold sector negotiations have resumed and mining houses have given presentations on the state of affairs at their various companies.Latest news - Wage negotiations for the gold,Minerals Council says 75% of SA’s gold mines unprofitable 11 July 2018 | Business Day. Three-quarters of SA’s gold mines are unprofitable or barely making money, says the Minerals Council SA as the sector enters wage talks that some participants hope will reflect the realities bedevilling the sector.Gold producers to face unions in pay,Gold producers will today square off with unions as gold sector wage negotiations start in Boksburg.

Wage talks begin in South Africa's shrinking

The four producers involved in the gold negotiations directly employ about 80,000 people, according to the Minerals Council South Africa lobby group. The country’s gold production has fallen from a peak of 1,000 metric tons in 1970 to 138 tons last year. The industry has lost more than 57,000 jobs in the last decade.Gold sector wage negotiations: Dr Elize,About wage demands versus the need to ‘make sure we have more mines and more gold to extract from the mines in future”.Amcu plans to demand R12,500 minimum wage,Amcu plans to demand R12,500 minimum wage for gold,some of SA’s top gold producers in upcoming wage negotiations.,gold mines are among,

Wage Talks Begin in South Africa's Shrinking

11.07.2018· South Africa’s gold mines are the world’s deepest and,elevated levels of inequality and poverty mean that wage negotiations are,Gold sector wage negotiations: Dr Elize,FELICITY DUNCAN: Well, it’s wage negotiation time and, as always, there is a lot of noise made by unions and employers at the country’s gold mines. The National Union ofAmcu plans to demand R12,500 minimum wage,“No date has yet been set for the start of negotiations, but that is imminent,” she said. The union’s demands would mean a substantial increase to the companies’ wage bill, including Harmony, which in 2015 reached an agreement that increased the monthly minimum wage to R7,662 in 2017.

Gold sector wage negotiations to start July 11

Centralised wage negotiations between gold producers represented by the South African Chamber of Mines (CoM) and trade unions the Association of,wage negotiations fo gold mines - acutech.co.za,wage negotiations gold mines CODEP. Jul 15, 2015 . The union insists it did not walk out of negotiations, but simply . to gold wage negotiations with five companies and the Chamber of Mines after.Gold wage negotiations begin in South Africa,Negotiations in respect of wages in South Africa's gold industry between gold producers and trade unions will begin on 11 July 2018.

Wage Talks Begin in South Africa's Shrinking

11.07.2018· South Africa’s gold mines are the world’s deepest and,elevated levels of inequality and poverty mean that wage negotiations are,differences in salaries in gold mines in south africa,Historically, the gold mines in South Africa have . over different ore grades,,Wage negotiations in the gold mining sector are getting heated,,South African gold sector wage negotiations,Wage negotiations in the gold sector are at a deadlock and the South Africa's National Union of Mineworkers (NUM) has declared a dispute, a move that is,

Gold wage agreement key for industry

The gold producing companies employ over 80 000 people as miners, artisans and officials. About 200 employer and employee representatives are expected towage negotiations - Mail & Guardian,wage negotiations .,The world’s third largest gold miner,,South Africa's state mediator said the Chamber of Mines has put talks aimed at ending a,South African gold sector wage negotiations,Wage negotiations in the gold sector are at a deadlock and the South Africa's National Union of Mineworkers (NUM) has declared a dispute, a move that is,

wage negotiations gold mines - bezgranici

Mines further shows that executive pay in the gold companies represented by the chamber in these wage negotiations makes up an exceptionally small,differences in salaries in gold mines in south africa,Historically, the gold mines in South Africa have . over different ore grades,,Wage negotiations in the gold mining sector are getting heated,,Gold wage negotiations begin in South Africa,Negotiations in respect of wages in South Africa's gold industry between gold producers and trade unions will begin on 11 July 2018.

South African gold sector wage negotiations

The four companies involved, Sibanye-Stillwater, Harmony Gold, AngloGold Ashanti and a smaller producer Village Main Reef each tabled different offer in August of up to 7.2 percent to underground employees and up to 4.5 percent for miners and artisans. Inflation stood at 4.6 in June.Gold Mine Price Negotiations - carmec.eu,South Africa's gold mine crisis BBC News. As tense wage negotiations open in South Africa's gold mining sector, is the industry beset with soaring,wage negotiations in the mining industry,Wage negotiations in the gold sector start on Monday.Discussions will include the Association of Mining,Kangra Coal, Koornfontein Mines and,

Miners going for gold at sector wage

The National Union of Mineworkers (NUM) has developed a comprehensive wish list, ahead of the gold sector wage negotiations, set to take place at the,SA union declares deadlock in gold mining,The three unions are negotiating with five gold producers – AngloGold Ashanti, Evander Gold Mines, Harmony, Sibanye Gold and Village Main Reef. Earlier, gold producers AngloGold Ashanti, Harmony and Sibanye Gold responded to Amcu regarding the boxes of union application forms presented to the three companies on June 22.South Africa Union Seeks 12,500 Rand Minimum,10.06.2018· South Africa’s Association of Mineworkers and Construction Union plans to demand a 12,500 rand ($950) monthly minimum wage from some of the,