Monday, August 27, 2012

Gold sector in South Africa facing wage hike demands

(Reuters) - South Africa's gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current collective agreements do not expire until the middle of next year, the country's chamber of mines said on Monday.

The country's platinum sector currently faces a wave of labor strife and violence that shut ore output at mines run by Lonmin, the world's third largest producer of the precious metal.

Elize Strydom, who heads employment

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