South Africa’s National Union of Mineworkers struck a three-year wage agreement with Samancor Chrome Ltd.’s mining and furnace operations.
Mine employees will receive annual increases of as much as 14 percent while furnace workers will get 10 percent to 11 percent, the union said Thursday in an e-mail. The agreement, which also covers other conditions of employment such as medical aid and transport, took effect Wednesday.
The union has also embarked on separate wage talks with South Africa’s largest gold producers, including AngloGold Ashanti Ltd. and Sibanye Gold Ltd. It vies with the Association of Mineworkers and Construction Union for membership.