Bloomberg reported that the Chamber of Mines of South Africa will start talks about a national two year wage deal once it receives filings from all worker organizations.
Mr Elize Strydom the chamber’s industrial relations adviser said that a date will be set for talks once the chamber, which represents companies including Anglo American Plc, BHP Billiton Limited and Xstrata Plc, gets outstanding submissions from unions.
Mr Strydom said that South Africa is the world’s third largest gold producer and the biggest coal supplier for European power plants. About 160,000 gold miners and 30,000 coal workers will be affected by the talks. Mr Strydom said that the chamber will approach the process mindful of the challenges faced by the industry, with sustainability playing an important role in informing the decisions we are likely to take.”
The National Union of Mineworkers said that it’s seeking a 15% pay increase from gold and coal producers.
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