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Gold producers welcome Minister's comments

Statement issued on behalf of: AngloGold Ashanti, Gold Fields, Rand Uranium, Harmony Gold, Pan African Resources, Sibanye Gold and Village Main Reef

Johannesburg, 28 May 2013: Speaking on behalf of the Chamber of Mines Gold Producers Committee, Chief Labour Negotiator Dr Elize Strydom welcomed Minister of Mineral Resources Susan Shabangu’s address to Parliament on her budget vote. The Chamber, Dr Strydom said, endorses President Jacob Zuma’s call for mining industry leaders to restore calm and confidence in the sector.

Dr Strydom said, “As an industry we support the programme of action proposed by the Minister, in which the National Treasury, Department of Labour and Department of Mineral Resources will participate alongside mining companies and union leadership.”

Dr Strydom said the Chamber was particularly encouraged by the Minister’s caution against violence, intimidation and industrial action that threaten sustainable growth and employment in the mining sector. She welcomed the Minister’s commitment to protect the collective bargaining process, noting that the gold sector has a long and established tradition of collective bargaining.

Dr Strydom noted the Minister’s call for all participants in this year’s wage negotiating round to forego narrow interests so as to consolidate the mining industry’s building blocks. The Chamber remains committed to such a policy ahead of the wage negotiations and particularly given the difficult economic conditions faced by the country’s gold sector, Dr Strydom said.

“If there was ever a time for all parties to put aside factional differences and negotiate with the nation’s greater good in mind, it is now,” concluded Dr Strydom.

For ease of reference, Harmony Gold has included the Minister’s address. (PDF - 327KB)

For more details contact:

Dr Elize Strydom
Chamber of Mines
+27 (0)11 498 7409 (office)
+27 (0)82 773 9533 (mobile)

Charmane Russell
on behalf of the Gold Producers
+27 (0)11 880 3924 (office)
+27 (0)82 372 5816 (mobile)

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