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Gold mining companies today presented their salary proposals over three years, ranging from 5.5% and 6.5% for clandestine employees, and between 3 and 4.5% for miners, craftsmen and civil servants
producer and worker unions continued today for a second day in a centralized collective bargaining forum.
The companies – AngloGold Ashanti, Harmony Gold, Sibanye-Stillwater and Village Main Reef – directly employ about 80,000 people collectively.
Workers claim a salary of 9,500 rand for surface employees and 10,500 to 12,500 rand for entry-level staff, beyond a housing allowance of 5,000
The South Africa Minerals Council, formerly Mines, said earlier that the mining industry was facing major challenges despite the fact that the gold sector remained a significant contributor to the mining industry. South African economy.
different offers as they are in different circumstances. A total of 137 applications have been filed, of which 62 have financial implications for businesses, and many of them are significant.
Motsamai Motlhamme, chief negotiator for the Minerals Council, said gold producers needed to find a balance. The price of gold stagnates, rising costs and declining profitability of the sector as well as the fact that inflation is estimated at 4.6%.
"The industry has sought to strike a balance between employee expectations and preservation Among the major benefits on which offers or concessions have been made include the extension of the medical contribution for categories 4 to 8 employees, 60% for companies and 40% for employees.
Concessions were also made on the increase of the medical disability pension to 60 000 rand on a period of three years, an increase of severance pay of 2,000 rupees per year, and an agreement was concluded to engage at company level with the Igula Provident Fund on the compliance of these funds with all applicable legislation.
The parties will meet again on July 25. Unions may seek clarification on offers made and respond to bids.
– African News Agency ( ANA)
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