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Jul 28, 2015· These price levels forced the largest gold producers such as AngloGold Ashanti, Sibanye Gold, Harmony Gold and Gold Fields to reduce the total workforce from 142,000 in 2011 to 120,000 presently. The National Union of Mineworkers (NUM), which represents some 55% of the 120,000 workers in gold mines, has issued a demand that wages increase by ...
MINING NEWS Harmony Gold signs twoyear wage deal, loses ... Harmony Gold revised its offer to an average wage increase to between percent and ten percent from between seven and percent initially, while the union lowered its request from an initial 14 percent increase.
Jun 29, 2015· South African gold companies tabled Monday a fiveyear wage increase offer of as much as 13% to the industry''s unions, which said the proposed pay rise falls "way too short" of their demands.
Jul 18, 2018· READ: SA gold mining production down % in a year StatsSA; Harmony, the country''s third largest gold producer, which employs the largest number of workers said it would adjust wages by R500 for the first year, which equates to a % hike on basic pay for underground employees in category 4 to 8.
Harmony, a gold mining and exploration company, conducts its activities in South Africa, one of the world''s bestknown gold mining regions, and in Papua New Guinea, one of the world''s premier new goldcopper regions.
Johannesburg Workers union in the gold mining sector on Wednesday rejected the latest and reviewed wage offer made by gold producers. This as gold wage negotiations between AngloGold Ashanti ...
Apr 10, 2015· NUM, Gold Fields agree to 21% wage hike Apr 10 2015 15:53. Dane McDonald ..., Evander Gold Mines, Harmony, Sibanye Gold ... R10 000 in 2020 Massmart says it could shut 34 DionWired and Masscash stores Zimbabwe''s government workers reject 97% salary increase Embattled Edcon shuts down massive Rosebank Edgars store Where is the R20m allegedly ...
Oct 18, 2012· [] – HARMONY Gold Mining Company said a proposal that would result in an estimated % average increase in labour costs at its operating mines was "gaining acceptance'' within the 40,000strong organisation. However, there was no clear progress yet in negotiations with unions representing
The average Harmony Gold Mine monthly salary ranges from approximately R 6 998 per month for Operator to R 37 858 per month for Fitter. Salary information comes from 51 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
South African Gold Mining Companies have seen an increase in revenues and earnings before interest, tax, deprebiation and amortization. HARMONY GOLD Harmony Gold goes on an expansion strategy by acquiring AGA Moab Khotsong for R3, 574 billion. Harmony''s Headline Earnings Per Share (HEPS) soars, rising by 49% per share.
Jul 11, 2018· A SIGNIFICANT increase in the wage bill was likely to push South Africa''s gold sector further into the red, said BusinessLive citing comments from the Minerals Council which said threequarters of gold mines were unprofitable or just at breakeven. "Increases without a commensurate improvement in the gold price, exchange rate, cost profile or outputs will .
Aug 11, 2015· Harmony Gold: Spanner in the works . ... And it seems Harmony Gold is at the centre of it. ... NUM says it wants the same entrylevel wages across all the mines, meaning Harmony .
Oct 03, 2018· In addition to the basic wage, the parties agreed to an increase in the current Livingout Allowance of R100 each year to R2 400 over the period of the agreement, as well as the reintroduction of a Service Increment for Officials of % from the second year of the agreement going forward.
About Harmony Gold Mining Co Ltd Harmony Gold Mining Company Limited is a goldmining and exploration company which produces gold from its operations in South Africa and Papua New Guinea.
Jul 11, 2018· The gold mining sector on Wednesday began wage bargaining talks with labour unions, with the Minerals Council of South Africa urging all parties to act in the interest of the sustainability of the industry. Gold producers, AngloGold Ashanti, Harmony, SibanyeStillwater and Village Main Reef, and ...
5 days ago· Harmony Gold Mining Co. Ltd. estimated a yearoveryear increase in net profit of billion South African rand for the first half of its fiscal year, after an increase in revenue of 12% or billion rand, due to average gold prices increasing by 19%.
Harmony Gold Mining Co. Ltd. engages in mining and exploration of gold. It involves in building mines and openpit operation, sales and financial management, and land rehabilitation and mine closure.
Our Integrated Annual Report 2016 tells the story of Harmony Gold Mining Company Limited (Harmony) for our 2016 financial year (FY16), from 1 July 2015 to 30 June 2016. Certain comparative historical information is presented where relevant and to provide insight into our future plans. PDF Read more FEEDBACK
Duallisted Harmony Gold is aiming to increase its yearly gold production from the current to ounces over the next three years. This would be achieved by undertaking ...
Harmony Gold Mining Company Limited (''Harmony'' and/or ''the company'') wishes to announce that it has reached a three year wage agreement with the National Union of Mineworkers, UASA and Solidarity, effective from 1 July 2018. ''We are pleased with the outcome of the wage negotiations.
The 5 Best Dividend Stocks in Gold ... Harmony Gold Mining Co ... Agnico also struck gold at its Meliadine and Meadowbank mines, and hopes to increase its total gold production by 20% by 2020 ...
Aug 13, 2015· Harmony Gold Mining Co. offered a 500rand increase. Basic pay is currently about 5,800 rand. The unions wanted increases that would draw benefits such as pensions, and the cash component was ...
As of June 30, 2012, its prospecting interest comprised 75,249 hectares in South Africa and 898,400 hectares in Papua New Guinea. Harmony Gold Mining Company Limited was founded in 1950 and is headquartered in Randfontein, South Africa.
Oct 05, 2015· Gold producers Anglogold Ashanti and Harmony Gold have signed a threeyear gold wage agreement with unions National Union of Mineworkers (NUM), Solidarity and UASA for the period 1 July 2015 to 30 June 2018.. However, the Association of Mineworkers and Construction union (AMCU) once again rejected the companies'' offers, and has been granted certificate of nonresolution by the .
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