Orezone Announces Appointment of New Director
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited©2006
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November 2012


In late October the Chamber of Mines, representing AngloGold Ashanti, Gold Fields and Harmony, together with the National Union of Mineworkers, solidarity and UASA, signed a wage agreement for the gold companies.

The parties also reaffirmed their commitment to ensuring the safety of employees and to protecting them from acts of violence and intimidation.

After the signing, the Chamber’s Dr Elize Strydom, said stability in the gold mining industry had been achieved at many of the operations and there was hope that this trend would continue. “The safe resumption of normal mining operations is now the top priority,” she said.

According to the agreement, category three employees have been placed in the higher category four, which has now become the entry level for the gold companies. The salaries of category four to eight employees have been increased by between 1.5% and 2 %, while a new operator level for loader, locomotive, winch and water jet operators has been created within category four. The basic rates of these employees have been adjusted by between R250 and R400 a month. Finally rock drill operators will either have their basic rated adjusted by R500, or receive an allowance of R400.

All these adjustment are in addition to the salary increase that took effect on 1 July 2012 and ranged from 8, 5% to 10%.

“The unprotected industrial action has had a negative impact on the mining industry, the country’s economy and on the employees themselves, who have forfeited millions of rand in lost earnings” Strydom added.“The gold companies and the unions are determined to collectively chart a way forward for the industry that will strengthen the structures of collective bargaining and avoid a repetition of recent events."


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