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Latest news; This is Gold; Home. Timeline of events ... Day 1 at the 2018 Wage Negotiations for the gold industry ... In 2017, the gold mining industry: Contributed R42.7 billion* towards GDP. Produced 138 tonnes of gold. Sold R67.6 billion of gold. Employed around 112,000 employees directly.

The gold mining industry plays an important role in the lives of employees, communities and the country as a whole. This is Gold is an initiative begun by South African gold producers to provide insight into the gold industry, and its contribution to South Africa.

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 ...

Oct 14, 2019· Johannesburg About Blog MiningNe.ws is a top international site with breaking news for the mining industry. The site has a powerful news aggregator that sources hundreds of international and local mining stories every day. Follow up keep up with mining and exploration projects in Africa and beyond. Frequency about 11 posts per week. Blog ...

On a mission to address these issues in the mining industry, the President of Tanzania John Magufuli has initiated a range of renegotiations of mining contracts his country has with various mining companies. He started with a review of Petra Diamonds Ltd. who owns 75% of the mines while the government owns 25%.

Mining African lender eyes unloved neighborhoods in mining drive Oct 18 2019 19:59. African Finance Corp will invest in countries disregarded by other companies as part of a plan to double its exposure to the mining industry, the firm's head of investments said. Harmony Gold seeks to acquire new assets amid depleting reserves

Jul 11, 2018· South Africa's biggest gold producers and mining unions start wage talks Wednesday against the backdrop of stark declines in the industry that was once the .

Editor's Note: We are proud to unveil our new mining page, an entire space dedicated to up-to-the-minute news, with exclusive industry interviews and all the relevant information you need, rounded in .

WAGE NEGOTIATIONS Minerals Council says 75% of SA's gold mines unprofitable ... SA's 140-year-old gold industry, for decades the world's leading source of the precious metal, is a shadow of ...

Barrick Gold dipped down from the top spot in 2017 to land in second place of top gold producers within the mining industry. Although production was down last year, 2018 and 2019 have seen large ...

Jun 06, 2018· Goldcorp has signed an impact and benefit agreement (IBA) with three First Nations, marking a big step forward in the development of its Borden Gold project near the town of Chapleau.. In a June 6 news release, the company said it had signed an agreement with the Indigenous communities of Brunswick House, Chapleau Cree and Chapleau Ojibwe First Nations.

Jul 27, 2018· Mining News - Published on Fri, 27 Jul 2018. ... Gold Sector Wage Negotiations - Mining unions reject latest offer. ... The gold industry tabled offers ranging from .

Jul 10, 2018· Wage negotiations and other conditions of employment between gold producers, AngloGold Ashanti, Harmony, Sibanye-Stillwater and Village Main Reef, will commence on Wednesday, 11 July 2018, with industry representatives. The current agreements between the miners and representative unions, the Ass ...

Oct 21, 2019· Asarco News Monitoring. ... Contentious contract negotiations between Tucson-based copper producer Asarco LLC and unions led by the United Steelworkers appear to be coming to a head, raising the possibility of a strike. ... for mining industry news Get ...

Formulating and mandating industry policies and position papers on issues that will impact on the mining industry in particular and employers generally. Conducting centralised wage negotiations for the gold and coal sectors.

The gold mining industry continued to grow throughout much of the early 20th century, significantly contributing to the tripling of the economic value of what was then known as the Union of South Africa. In particular, revenue from gold exports provided sufficient capital to purchase much-needed machinery and petroleum products to support an ...

Jul 10, 2018· Negotiations in respect of wages and other conditions of employment in South Africa's gold industry between gold producers and trade unions will begin on Wednesday, 11 July 2018. The current agreements came to an end on 30 June 2018, and the new agreements will be back-dated to 1 July 2018. The ...

Latest news. Balance of interests is the best SA gold wage talks can achieve 18 July 2018 | MiningMx. In the eyes of many, the South African gold mining industry has had its day. For over a decade, gold production has steadily declined.

Jul 19, 2018· Gold sector negotiations have resumed and mining houses have given presentations on the state of affairs at their various companies. According to Solidarity General Secretary Gideon du Plessis, the Minerals Council gave a detailed response with regard to Solidarity's demands. "The trade unions, however, rejected the council's opening offers," Du Plessis said.

Jun 22, 2015· Wage negotiations in the gold sector start on Monday. The industry's stability and future growth is up against urgent demands to increase pay. The negotiations will test the trust between labour ...

May 08, 2017· The GFMS Gold Survey is recognized as the authoritative source of information on the fundamental developments in the gold market. As we celebrate the Gold Survey's 50 th anniversary, here's a high-level look at what's been happening in the gold market for the past half century. While the size of the market and the distribution of regional supply and demand patterns have evolved over the ...

Mining News Pro - Papua New Guinea plans to take a larger share of the Porgera gold mine as part of lease-renewal talks, diluting the ownership of joint venture partners Barrick Gold Corp and Zijin Mining Group, the country's commerce minister told Reuters on Monday.

Jul 11, 2013· Crucial wage negotiations start in South Africa's gold mining sector on Thursday, the outcome of which, some analysts say, will determine the future of the whole industry.

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