Harmony And Num Strike A Deal At Randfontein
Harmony Gold Mining Co. Ltd.
NEWS RELEASE
Johannesburg, 27 May 2002 - Harmony today announced that the dispute with
the NUM and its Randfontein operations had been resolved, with striking
employees due to return to work at tonight`s shift, after a 12 day strike.
The parties agreed to establish a joint working party consisting of
representatives from both parties to come up with a detailed programme to
find a sustainable long term solution for its accommodation challenge of
employees which mainly reside in single sex hostels but will include home
owners and employees living out. The parties further agreed to increase
living out allowances to R500-00 per month. This amount will be increased
with the same percentage as agreed to at annual wage increases to achieve an
amount of R600-00 by January 2005.
Commenting on the agreement, Harmony`s chief executive, Bernard Swanepoel
said "We wanted an agreement focussing on a total sustainable long term
solution for our employees accommodation needs and not just throwing money
at about 20% of the labour force, who are neither home owners or hostel
dwellers. Increasing living out allowances to bring it in line with what it
costs us to accommodate employees living in the hostel was also a given.
Limiting the percentage increase to the annual wage increases over the next
two and a half years allows the mine to plan for these costs accordingly."
For further details contact:
Bernard Swanepoel
on +27(0)83-303-9922
or
Ferdi Dippenaar
on +27(0)82-807-3684
Issued by Harmony Gold Mining Company Limited
Contact:
Corne Bobbert
Tel +27 11 684 0146
Fax +27 11 684 0188 Mobile +27 83 380 6614
E-mail: cbobbert@harmony.co.za
Web Site:
www.harmony.co.za
Ends
Date: 27/05/2002 05:35:00 PM Produced by the SENS Department
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