millions lost

14 May 2007 - 02:00
By unknown

A strike at Buffelsfontein is losing the gold mine R1,8million a day, owner Simmer & Jack said. Simmer & Jack accused the National Union of Mineworkers (NUM) of "selective representation of the offer made by the company". NUM requested a minimum salary of R2700 for level five employees. "The net effect on a level five employees' gross remuneration is an increase from R3710 to R4520 as part of the two-year deal," Simmer & Jack said. - Sens

A strike at Buffelsfontein is losing the gold mine R1,8million a day, owner Simmer & Jack said. Simmer & Jack accused the National Union of Mineworkers (NUM) of "selective representation of the offer made by the company". NUM requested a minimum salary of R2700 for level five employees. "The net effect on a level five employees' gross remuneration is an increase from R3710 to R4520 as part of the two-year deal," Simmer & Jack said. - Sens