Metals
Gold$4,016.61+0.54%|
Silver$55.90-0.32%|
Platinum$1,597.66-0.06%|
Palladium$1,249.71-0.21%|
Gold$4,016.61+0.54%|
Silver$55.90-0.32%|
Platinum$1,597.66-0.06%|
Palladium$1,249.71-0.21%|
Latest News
Gold is oversold, the debasement trade is still on, and the pressure is building – Sprott’s Paul Wong|Despite Middle East escalation, interest rates remain the key price driver for gold and silver – StoneX|Gold gains capped as markets ignore positive data over Hormuz worries, Indian silver premiums rise despite low demand – Heraeus|Daily Newsletter|St Barbara reports notable Q4 production gains from New Simberi JV|South32 Q4 copper output declines, missing market estimates|Caledonia buoyed by improvement in access to higher-grade ore|Lundin Mining expects gold collar contract losses of $12m in Q2|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|Gold is oversold, the debasement trade is still on, and the pressure is building – Sprott’s Paul Wong|Despite Middle East escalation, interest rates remain the key price driver for gold and silver – StoneX|Gold gains capped as markets ignore positive data over Hormuz worries, Indian silver premiums rise despite low demand – Heraeus|Daily Newsletter|St Barbara reports notable Q4 production gains from New Simberi JV|South32 Q4 copper output declines, missing market estimates|Caledonia buoyed by improvement in access to higher-grade ore|Lundin Mining expects gold collar contract losses of $12m in Q2|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|
Back to News
Latest News

UASA concludes successful negotiation of wage agreement at Kopanong Gold

UASA concludes successful negotiation of wage agreement at Kopanong Gold
17 July 20265 Mins read

Labour union UASA says it has concluded a favourable two-year wage agreement at gold mining company Kopanong gold mine, located between the North West and Free State provinces.

The union says the agreement applies to permanent Category 4 to 8 employees, including miners, artisans and officials, and key provisions of the agreement include a salary increase of R1000 a month in both the first and second year for surface and underground employees, and a 5% increase on the standard rate of pay in the first and second year for miners and artisans.

The agreement also includes an increase of R1000 or 5%, whichever is greater, for lower-level officials and a 5% increase on the standard rate of pay for officials in both the first and second years.

Additionally, UASA highlights that a living-out allowance for all employees within the bargaining unit will increase by R100, rising to R2650 a month in the first year and to R2750 a month in the second year.

Meanwhile, UASA also acknowledges the constructive engagement and cooperation demonstrated by Kopanong gold mine and other respective labour organisations during the negotiations, which contributed to achieving a mutually beneficial outcome.

The agreement is effective from July 1.

Our Trusted Brands

Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Phenom Resources
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake
Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Phenom Resources
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake

News & Updates

Subscribe to Our Latest News & Updates