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Gold Fields says unwilling to entertain wage demands

18 September 2012 By admin

JOHANNESBURG, Sept 18 (Reuters) – The chief executive of
South Africa’s third largest gold producer Gold Fields
said on Tuesday the group was not willing to consider strikers’
wage demands of a minimum of 12,500 rand ($1,500) a month for
now.

“Clearly at this stage we will not entertain any of that. We
have a two year wage deal that expires on the 30th of June next
year and as far as I am concerned that’s it,” Nick Holland told
Reuters Insider on Tuesday.

Gold Fields’ KDC West operations in South Africa have been
halted by an illegal strike since Sept. 10.

($1 = 8.2075 South African rand)

(Reporting by Sherilee Lakmidas and Olivia Kumwenda; Editing
by)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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