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Friday, 12th August 2005 (3981 views)

Gold mine strikes in South Africa have ended amicably in under a week after the National Union of Mineworkers (NUM) and Solidarity accepted a pay rise.<br/><br/>The gold miners have accepted the offer of a six to seven per cent pay rise from AngloGold Ashanti, Gold Fields, Harmony Gold and the South Deep joint venture after negotiations conducted by the Chamber of Mines.<br/><br/>Bobby Godsell, the chief executive officer at Anglogold Ashanti, the world's second biggest gold producer, announced the company's relief at the agreement.<br/><br/>"Strikes are by their nature unpleasant and costly. However it is pleasing that the strike was resolved reasonably quickly and was conducted in an orderly manner," he commented.<br/><br/>Mr Godsell went on to indicate the improvement in mine relations as the strike was solved within five days compared to the three weeks of the last strike in 1987.<br/><br/>It is hoped that the gold mines can continue normal production as soon as possible and that the lost productivity can be rectified.<br/><br/><br/><br/><img alt="track" src='http://feeds.directnews.org.uk/feedtrack/dn.gif?feedid=196&itemid=15022164'/>© Adfero Ltd

 

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