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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, Sibanye-Stillwater and Village Main Reef, and ...
Oct 03, 2018· In addition to the basic wage, the parties agreed to an increase in the current Living-out Allowance of R100 each year to R2 400 over the period of the agreement, as well as the re-introduction of a Service Increment for Officials of 0.5% from the second year of the agreement going forward.
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.
Sep 17, 2018· The nation's gold mines are among the world's deepest and most labor intensive, with producers struggling to cut costs. ... over pay talks with Sibanye Gold Ltd., Harmony Gold Mining .
Jul 18, 2018· SOUTH African gold producers including Sibanye-Stillwater and Harmony Gold have tabled a three-year wage offer to unions with increases ranging between 3% and 6.5% depending on the employee category. Another meeting has been scheduled for July 26. "The industry has sought to find a balance between employees' expectations and preserving the long-term viability and sustainability of .
Harmony achieved an all-in sustaining unit cost of R550 005/kg (US$1 207/oz), an 8% increase year on year, due largely to increases in salary and wages and Eskom electricity tariffs, among others, and lower production from the Tshepong Operations in FY19. Operating free cash flow Harmony is focused on generating operating free cash flow*.
Jun 29, 2015· South African gold companies tabled Monday a five-year 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 16.2% 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 6.5% hike on basic pay for underground employees in category 4 to 8.
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.
Harmony, a gold mining and exploration company, conducts its activities in South Africa, and in Papua New Guinea.
5 days ago· Harmony Gold Mining Co. Ltd. estimated a year-over-year increase in net profit of 1.3 billion South African rand for the first half of its fiscal year, after an increase in revenue of 12% or 1.7 billion rand, due to average gold prices increasing by 19%.
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.
Harmony, a gold mining and exploration company, conducts its activities in South Africa, one of the world's best-known gold mining regions, and in Papua New Guinea, one of the world's premier new gold-copper regions.
Oct 09, 2018· HMY has announced a wage deal with the mineworker unions. The cost implications of this deal will be insignificant compared to the long-term benefits. ... Harmony Gold Mining .
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 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 entry-level wages across all the mines, meaning Harmony .
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
Harmony Gold Mining Company Limited ("Harmony" and/or "the Company") is pleased to advise that the group is on track to meet annual production guidance of 1.1Moz after producing more than 550 000 ounces in the six months ended 31 December 2017.
Oct 05, 2015· Gold producers Anglogold Ashanti and Harmony Gold have signed a three-year 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 non-resolution by the .
Get breaking news and analysis on Harmony Gold Mining Company Limited (HMY) stock, price quote and chart, trading and investing tools. ... Harmony Gold: Wage Deal Will Bear Fruit For The Company ...
Dual-listed Harmony Gold is aiming to increase its yearly gold production from the current 1.1-million to 1.5-million ounces over the next three years. This would be achieved by undertaking ...
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 ...
Wage talks between mining sector unions and gold producers are expected to start on Wednesday. In a statement released on Tuesday, the Minerals Council South Africa, representing gold miners ...
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 ...
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