NUM seeks 37% pay hike from gold miners over two years

May 9, 2018

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South Africa’s National Union of Mineworkers (NUM) has submitted wage hike demands in the gold sector of up to 37% over a two year period, according to a document submitted to the Chamber of Mines seen by Reuters. The demands far exceed the current inflation rate of 3.8% and suggest potentially tough negotiations with companies that have been battling to contain soaring costs in the world’s deepest mines.

Category: General