PRECIOUS METALS

NUM, Anglo sign gold wage agreement

Negotiations still ongoing with other companies

Staff reporter

This article is 7 years old. Images might not display.

Three other companies are still struggling to come to an agreement with all four mineworkers' unions, with Harmony having tabled its final offer and Sibanye-Stillwater and Village Main Reef continuing negotiations.

As discussions continued under the eye of the Commission for Conciliation, Mediation and Arbitration (CCMA) Wednesday, the NUM agreed to the same wage agreement AngloGold concluded with the Association of Mineworkers and Construction Union (AMCU), UASA and Solidarity last week.

The three-year agreement backdated to July 1 increased the basic wage of category 4-8 employees by R700 (US$46.74) in the first year, R800 in the second and R900 in the third, while miners, artisans and officials agreed to an increases of 5.5% for each of the three years.

As with the other unions, revised shift arrangements were also agreed, making provisions for a shift arrangement increase of R300 in the first year, R200 in the second and R100 in the third for category 4-8 employees and 1% each year for miners, artisans and officials. 

The NUM thanked its members for giving the mandate to sign the wage agreement.

"The NUM will continue waging a relentless struggle to improve better wages and working conditions of all mineworkers in South Africa," it said.

Negotiations between the unions and the remaining three companies will continue on September 26.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Investor Sentiment Insights 2026

Discover what investors have planned for mining in 2026 in our industry-leading survey

editions

World Risk Insights 2025 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 120 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.