Wage settlement concluded at Northam’s Booysendal Mine

Johannesburg, 20 October 2015: Northam Platinum is pleased to advise that a three year wage agreement has been concluded between mining contractor, Murray and Roberts Cementation (MRC) and its representative unions, the Association of Mineworkers and Construction Union, the National Union of Mineworkers and Solidarity across MRC operations. This agreement will consequently be applied at the Booysendal Mine.

The agreement provides for increases in line with other recent wage agreements in the industry.

Northam chief executive Paul Dunne said: “This is a good outcome for all stakeholders as it provides certainty and stability going forward which will contribute to consolidating the ramp-up to steady state production at Booysendal which is expected to be achieved this month. We also recognise the mature and constructive manner in which engagement has been undertaken.”

Issued by Russell & Associates
Tel 011 880 3924