news24 mining negotiations of gold industry on 14 09 2015

NUM seeks% pay hike from gold miners over two years

The chamber negotiates in the gold sector on behalf of Harmony Gold, Sibanye-Stillwater, AngloGold Ashanti, and a smaller producer. Wages account for around half of the costs in South Africa’s gold mining industry and companies have in the past said the cycle of double-digit, above-inflation pay hikes cannot be sustained, unless prices …

AngloGold harvesting short-life mines

R/$ =.. Au.$/oz . Pt.$/oz ... Already being harvested after a falling gold price put an end to disposal negotiations are the Sadiola and Yatela gold mines in Mali, in which AngloGold has stakes of% and%. ... Harvesting means eliminating any further investment that would have been economically feasible at a higher gold ...

Wage negotiations get underway for South Africa's gold ...

The wage negotiations come at a time when the industry is grappling with struggling prices for the precious metal, falling production and rising operating costs. Union strikes could cause detrimental damage.


Mining jobs grow forth month in a row, big gains for WA (0) J A DFP Resources report detailing mining market statistics for Junehas revealed job growth in the Australian mining industry has risen for theth consecutive month.

Cantilevered Pennsylvania Bluestone Quarries – …

news24 mining negotiations of gold industry on 14 09 2015 &#; newsmining negotiations of gold industry onBluestone The beautiful blue tint of Tennessee Bluestone is just one of the …

The Services/Technology table presentsof the leading mining services and technology companies on the ASX, listing the latest market cap, and one-day, one-week and one-year percentage change in share prices.

Will new wage offer end coal strike? | City Press

The negotiations with the chamber do not cover all the major coal mines in South Africa. and Southdo not use the forum, but mine more than a quarter of the country’s coal. Another particular feature of the coal industry is its enormous use of subcontracting, especially for opencast mines.

Mining industry of South Africa

The gold mining industry continued to grow throughout much of the earlyth century, significantly contributing to the tripling of the economic value of what was then known as the Union of South Africa. In particular, revenue from gold exports provided sufficient capital to purchase much-needed machinery and petroleum products to support an ...

SA Labour News

Tuesday,August:BusinessLive reports that according to higher education and training minister Naledi Pandor, the government is on a mission to boost the allure and efficiency of technical and vocational education training (TVET) colleges.


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wage negotiations

wage negotiations . ... Anglo Gold Ashanti announces big losses. Business Lisa Steyn ...::. Mining houses are offering workers wage deals that differ from company to company, but one trade union has warned that this strategy was one trigger... Nehawu: ANC has shown 'arrogance and disdain' in wage offer.

Marikana killings

The Marikana massacre, which took place onAugust, was the most lethal use of force by South African security forces against civilians since. The shootings have been described as a massacre in the South African media and have been compared to the Sharpeville massacre in. The incident took place on theyear anniversary of a … news24 mining negotiations of gold industry on 14 09 2015

NewsNow: Gold news | Breaking News & Search/7

Breaking news headlines about Gold linking to,s of websites from around the world. .... Donlin Gold Project In Alaska Gets Major Federal Permits Kitco:. Gold Fields punished as ... About,jobs to go at Gold Fields’ South Deep as part of restructuring Bitcoin is just like gold, they’re both suffering from ... news24 mining negotiations of gold industry on 14 09 2015

Ecuador — A Renaissance in Mining Investment ...

Months after, still under the guise of the new mining mandate, Aurelian Resources sold their multi-million gold ounce deposit, Fruta del Norte, to Kinross Gold Corporation for $1.billion. I believe this deal single-handedly marked the height of ‘doom,’ so-to-speak, of the hard-rock mining industry within Ecuador.

gold mining industry

gold mining industry . ... [Video]The price of gold: The caregivers. Multimedia |::. Thousands of women are left to care for and support their husbands who have been left jobless and sick after contracting silicosis in the gold mines. ... Gold mining companies have implored labour to move away from adversarial posturing and ...

Newsroom: Mining Wage Negotiations

 &#;&#;Wage talks in the gold mining industry start in Johannesburg today with labour union AMCU threatening to embark on a strike. AMCU president Joseph Mathunjwa has warned the Chamber of Mines that it faces what he calls massive industrial action in the gold and coal sectors.

Asarco News Monitoring

Therd Minexpo Africa, Tanzania is the region's showcase of the latest technology in the mining & processing of minerals, earthmoving, safety equipment and much more.Tanzania's mining industry is expected to reach $1.billion inaccording to a study by Business Monitor International (BMI).

South Africa Mining News and Commentary | MINING…

South Africa mining news. Explore related South Africa articles for more information on the South Africa mining industry. ... Gold Fields said this week it planned to cut,permanent jobs at the company's last South African asset, South Deep, sending its shares plummeting.

Gold News Headlines Today

LAWRIE WILLIAMS: China Gold Demand Still Heading for,Tonnes Plus This Year. Although July SGE gold withdrawal figures were marginally lower year on year, themonth figure to date remains above that for the corresponding period ofand the country is still on target for a full year total of more than,tonnes

Mining News, Mining Companies & Market Information ...

Mining news and commentary from around the globe. Daily updates on gold and commodity prices, exploration, mine development and mining company activities.


MaAngloGold Ashanti outlines transformation of South Africa Mining Industry (.7k) MaDealing in securities by an independent non-executive director and the company secretary of AngloGold Ashanti (.4k)

NUM, chamber to blind-side Amcu in wage negotiations ...

The Chamber of Mines and the National Union of Mineworkers (NUM) are going to try to catch the militant Association of Mineworkers and Construction Union (Amcu) unawares on Wednesday in wage negotiations in the gold mining sector.


Sibanye-Stillwater invites you to the live presentation of its operating and financial results for the six months endedJune. ...:Africa/Johannesburg Hresults endedJune. ... Please report all unethical behaviour such as fraud, corruption, illegal mining, gold theft, theft of company …

Gold, stocks or oil?

Nicholas Colas of Convergex has a unique was of breaking down asset prices. He discusses with Dominic Chu.

Mining | The Africa Report

Mining companies in Zambia have asked the government to set mineral royalties for both underground and open pit operations atpercent to mitigate the negative impact of falling copper prices on the industry, sources said.

gold wage negotiations process

Representatives from AngloGold Ashanti, Evander Gold Mines, Harmony, Sibanye Gold and Village Main Reef met with representatives from the Association of Mining and Construction Workers Union, the National Union of Mineworkers, Solidarity and Uasa on Tuesday to discuss the parties’ approach to thegold wage negotiations process.

How much is a living wage for miners?

How much is a living wage for miners?:. Reuters ... Wage negotiations in the gold sector kick off on Thursday. ... Major South African gold producers have among the weakest pretax profit margins in the industry. Harmony Gold, which gets more than% of its output from South Africa, keeps less than% of its sales as …

South African Mining Companies Continue to Face …

news24 mining negotiations of gold industry on 14 09 2015 The members of AMCU (Association of Mineworkers and Construction Union), the second biggest union for South Africa’s gold-mining industry, are prepared to be on a continued strike to pursue better wages.

Amazon launches new Exclusives store

Amazon launches new Exclusives store:AM ET Wed,MarchCNBC's Dominic Chu and Tom's Guide Associate Editor Michael Andronico discuss Amazon's new Exclusives store and its motivation for investing …

Kinross Gold Interview Questions | Glassdoor

news24 mining negotiations of gold industry on 14 09 2015 Some recently asked Kinross Gold interview questions were, "Tell us about yourself. Some more technical questions relating to the job. " and "What my values were and how I saw myself in the company. ".% of the interview applicants applied online.

Mining | Fin

Mining Unions reject gold companies' latest wage offer:. Unions involved in wage bargaining talks for the gold sector have rejected the latest offer put forward by employers, with union Solidarity saying skilled workers have …