South African miners refuse gold firms’ final wage offer

02 Sep

See on Scoop.itAfrica’s development

South Africa’s unions have rejected the final pay offer made yesterday by the Chamber of Mines on behalf of the country’s gold mining sector, raising the prospect of widened strikes in Africa’s largest, but struggling economy.


The body, which represents the country’s main gold producers, such as AngloGold Ashanti (NYSE: AU) (ASX: AGG), and Gold Fields (NYSE: GFI), responded to workers demands late Tuesday with a 6.5% pay raise offer. …

See on

Leave a comment

Posted by on September 2, 2013 in Uncategorized


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: