ESG

Pan Africa reaches wage agreement

Gold producer Pan African Resources (SJ:PAN) and South Africa’s National Union of Mineworkers have settled a one-year wage agreement for all employees at the former's Barberton gold mines in Mpumalanga province.

Staff reporter
A stoppage at Barberton mines during the discussions has not had any impact on Pan African's guidance

A stoppage at Barberton mines during the discussions has not had any impact on Pan African's guidance

It includes an average wage increase of about 8% per annum for all employees, effective July 1, after the previous two-year agreement ended on June 30.  During the negotiation period, there was a two-and-a-half...

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