Tuesday, February 7, 2012

LUMWANA MINE WORKERS NEGOTIATE 18 PER CENT PAY RISE


Lumwana Mine has awarded its workers an 18 per cent salary increment, the highest pay rise so far this year in the mining sector.
This follows the conclusion of the 2012 Collective Bargaining Agreement with the Mineworkers Union of Zambia and the National Union of Miners and Allied Workers.
Other benefits for the workers agreed during the negotiations are enhancements in
education, pension, leave passages, shift differentials, housing and meal allowances.
Lumwana mine, located in the north-west of Zambia is owned by Canadian-based Barrick Gold, after it acquired Equinox Minerals, the previous owners of the mine after a 3.7 billion Canadian dollars transaction in July 2011.
Apart from Lumwana, Konkola Copper mine has also awarded its workers a 17 per cent pay rise for its workers after conclusive negotiations.

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