CoM: Third round of wage negotiations underway

6th July 2015

CoM: Third round of wage negotiations underway

Photo by: Bloomberg

Negotiations between the gold producers (AngloGold Ashanti, Evander Gold Mines, Harmony, Sibanye Gold and Village Main Reef) and unions (the Association of Mineworkers and Construction Union (AMCU), National Union of Mineworkers (NUM), Solidarity and UASA) - continued today (6 July 2015).

Today the producers heard from all four unions. In large part, all four unions retained their demands without any movement.

Discussions will continue tomorrow (7 July 2015) when the producers will seek clarification from the unions on certain matters, and respond to a number of questions and comments made.

Speaking on behalf of the gold producers, Dr Elize Strydom said: “As producers we remain committed to reaching an agreement based on the sustainability of the industry, and the retention of jobs. The companies’ offers were made in good faith, and are substantial. We will continue to engage to reach outcomes that are sustainable.”

Issued by the Gold Producers and Chamber of Mines