“We will be approaching these wage negotiations with an open mind looking at the performance of the company, share price, and inflation,” Phiri said.
“But what we know is that the price of bread for the rich is the same price of bread for the poor and the working class.”
The NUM represent the majority of employees in the Northern Cape and in Kumba and it is still the majority union. Kumba is one of the biggest iron ore producers in the country.
The NUM said it was looking forward to one of the interesting and objective wage negotiations and believes they will reward employees.
Source: Mining Weekly