Tuesday, July 10, 2007

South African Gold Producers Boost Pay Offer to 7 Percent, Union Says

(Bloomberg) -- South Africa's biggest gold producers
boosted their wage-increase offer to 7 percent at talks today,
the Solidarity labor union said.

The offer by AngloGold Ashanti Ltd., Gold Fields Ltd. and
Harmony Gold Mining Co. will now be considered by Solidarity, the
National Union of Mineworkers and the United Association of South
Africa, Reint Dykema, a spokesman for Solidarity, said in an
interview from Johannesburg.


Read more at Bloomberg Commodities News

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