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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 www.mining.com

 
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Posted by on September 2, 2013 in Uncategorized

 

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