Zondereinde mine concludes wage settlement

By | 2018-10-09T10:33:49+00:00 October 10th, 2018|News|0 Comments

Northam has concluded wage negotiations at its Zondereinde mine with the representative union, the National Union of Mineworkers (NUM), have been concluded. 

Wage negotiations

Wage negotiations have been concluded at Northam’s Zondereinde mine. Image credit: Pixabay

The three-year agreement provides for increases in basic wages for entry level underground employees of R1 000.00 in the first year, R1 100.00 in the second year, and R1 200.00 in the third year, and a R200.00 annual increase in housing/living out allowances over the three-year period. “We recognise the mature and constructive manner in which the engagement has been undertaken,” said Paul Dunne, Northam CEO.

In terms of the Agreement, supervisory employees will receive a basic increase of 7% per year for each of the three years and a 6% annual increase for housing/living out allowances over the same period. “The agreement provides for continuity, certainty and allows all stakeholders to focus on the sustainability of the business going forward,” Dune concluded.