harmony gold mines wages increase

Harmony reaches five-year wage agreement | Harmony Gold …

April 4, 2024. HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from July. The agreement …

Harmony Gold Mining Net Profit Rises, Higher Gold Prices …

Harmony Gold Mining HAR-7.83%decrease; red down pointing triangle reported a higher net profit and strong revenue growth for the fiscal year, reflecting the company's ability to capitalize on ...

Unions create united front in wage battle against Sibanye

They want their members at Sibanye's gold mines to get a wage increase of R1 500 per month for the next three years. The unions believe Sibanye-Stillwater can afford to pay more than the R1 000 increase that Harmony Gold agreed to in September. The unions have declared a dispute and approached the Commission for Conciliation, …

Harmony Gold signs historic 6% wage deal with all unions

HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from July. The agreement is significant as it is with all unions simulltaneously, the first time this had been achieved by the company in its history. Negotiations, which took three months and […]

Harmony Gold Integrated Annual Report 2022

Harmony's 2022 integrated annual report is for the financial year ended 30 June 2022 (FY21). Aimed primarily at investors, it covers all our operations and activities in South Africa and Papua New Guinea, their impacts and most material matters during the period.

Harmony Gold Mining Company Ltd. (HARMONY) JSE:HAR …

Get the latest financial information on the JSE listed company Harmony Gold Mining Company Ltd. (HAR), including the stock price, historical share price performance charts, annual reports, market ...

Harmony Gold to pay record interim dividend, extend life of Mponeng mine

Harmony also announced on Wednesday its financial and operating results for the six-month period ending December 31, 2023.. The miner saw a 14% increase in half-year gold production to 832,349 oz ...

Harmony Gold, unions sign wage agreement

The agreement will see workers' wages increase by an average of 6% per annum. It makes provision for a 6% salary increase per year for the next three years for miners, artisans and officials.

Harmony Gold agrees five-year wage deal with unions

Harmony's Kusasalethu mine. (Image courtesy of Harmony Gold) South Africa's Harmony Gold has signed a five-year wage deal with a coalition of trade unions, …

Harmony, unions strike gold with historic five-year wage pact

Peter Steenkamp, chief executive officer of Harmony Gold Mining Co., speaks on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, Feb. 6, 2023.

Harmony and unions reach fair and reasonable wage …

Harmony Gold Mining Company Limited ("Harmony" or "the Company") is pleased to announce that it has reached a three year wage agreement with the National Union of Mineworkers, UASA and Solidarity, effective from 1 July 2015. ... Miners, artisans and officials will receive an increase in their standard rate of pay of 6% back-dated to 1 ...

Home | Harmony Gold Mining Company Limited

Harmony is a global, sustainable gold mining and exploration company with a copper footprint in our Wafi-Golpu and Eva Copper projects.

Harmony concludes landmark wage negotiations with five …

"For the first time in our 73-year history, we have concluded a five-year wage agreement with all of our labour unions. This . . . ensures stability and continued certainty on our fixed labour ...

Harmony concludes three-year wage agreement

The total average wage increase negotiated is 7.8% in year 1, 7.4% in year 2 and 7.0% in year 3. ... Harmony Gold Mining Company Limited (Harmony), a world …

Harmony Gold Mining (HMY) Stock Price, News & Analysis

Harmony Gold Mining pays a meaningful dividend of 1.20%, higher than the bottom 25% of all stocks that pay dividends. Dividend Growth. Harmony Gold Mining does not have a long track record of dividend growth. Dividend Sustainability. Based on earnings estimates, Harmony Gold Mining will have a dividend payout ratio of 10.00% next year.

Harmony Gold inks historic wage deal with five unions

Harmony Gold signed a three-year wage agreement with five unions on Thursday after talks that appear to have gone smoothly from the start. ... The total average wage increase negotiated is 7.8% in ...

Harmony Gold Mining Company Limited (HMY) Q4 2024 …

Harmony Gold Mining Company Limited (NYSE:HMY) Q4 2024 Earnings Conference Call September 5, 2024 4:00 AM ETCompany Participants. Jared Coetzer - …

Harmony Gold looks beyond SA crisis as interim profits, …

The Mponeng mine raised underground recovered grades by 30% to 10.34 grams per ton in the half year period to end December 2023, translating to a 30% increase in gold production to 4 499 kilograms ...

Harmony reaches 6-year wage agreement with 5 labour …

Miners, Artisans and Officials will receive a wage increase of 6.2% in year 1; 6.2% or CPI (whichever is greater) in year 2; 6.2% or CPI (whichever is greater) in year 3; 6.35% or CPI (whichever is greater) in year 4; and 6.5% or CPI (whichever is greater) in year 5. In addition to the basic wage increases, the parties agreed to the following:

Company announcements

Johannesburg, Thursday, 25 January 2024. Harmony is pleased to announce that total gold production for the six months ended 31 December 2023 of financial year 2024 ("H1FY24") was between 820 000 ounces (25 505kg) and 835 000 ounces 25 971kg), an increase of between 12% and 14% compared to the six months ended 31 December …

Harmony reaches five-year wage agreement

The agreement allows for the following increases to monthly wages: Category 4 – 8 employees will receive a wage increase of R1 200 in year 1; R1 250 in year 2; R1 300 in year 3; R1 450 in year 4; and R1 500 in year 5.

Current vacancies | Harmony Gold Mining Company Limited

Registration no. 1950/038232/06 VAT no. 4380103194. Tel: +27 11 411 2000 Fax: +27 11 692 3879. Randfontein Office Park, Corner Main Reef Road & Ward Avenue,

Moab Khotsong Mine | South Africa | Underground | Harmony

Harmony Gold Mining Company Limited is a publicly listed company. Read more. ... (FY22: R4 134 million), mainly due to annual wage and electricity tariff increases as well as inflationary increases on consumables and other costs. MPRDA royalties increased by 56% to R142 million in FY23 (FY22: R91 million). ... a significant increase …

Harmony Gold concludes 3-year wage agreement

Category 4 to 8 employees will receive a wage increase of R1,000 for each year of the wage agreement. This translates to an average increase of 8.4% for employees across these categories. Miners, Artisans and Officials will receive a wage increase of 6% of their basic wage for each year of the agreement.

National Union of Mineworkers

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Harmony Gold Secures Future with Historic Five-Year Wage …

04 Apr 2024 (Johannesburg Stock Exchange) In a groundbreaking move for the mining industry, Harmony Gold Mining Company Limited has successfully negotiated a comprehensive five-year wage agreement ...

Doornkop Mine |South Africa | Underground | Harmony

Harmony is a global, sustainable gold mining and exploration company with a copper footprint in our Wafi-Golpu and Eva Copper projects. ... (135 451oz) compared to 3 444kg (110 726oz), a 22% improvement over FY22. This was mainly due to a notable increase in the recovered grade to 4.69g/t (FY22: 3.94g/t) on the back of improved mining grades in ...

Explainer: Why South Africa's two biggest gold miners differ on wages

South Africa's two biggest gold miners Sibanye Stillwater Ltd and Harmony Gold Ltd operate many of their mines in the Witwatersrand basin near Johannesburg. ... the company will pay a wage ...

Harmony Gold Mining Shares Tumble on Cautious …

Shares in Harmony Gold Mining fell almost 8% after the South African miner declared a lower-than-expected dividend payout and provided a conservative guidance for the current fiscal year.

Kalgold | South Africa | Open-Pit | Harmony

The increase in production combined with a 16% rise in the gold price resulted in a 18% increase in revenue for FY23 to R1 212 million (FY22: R1 029 million). Cash operating costs increased 6% to R915 million (FY22: R867 million), mainly due to the higher cost of consumables, specifically diesel and chemicals as well as annual wage …