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Yawning gap between wage demands and offers in South Africa

Ana Komnenic | July 15, 2013 | 6:23 pm Precious Metals Africa Europe Gold 

South Africa's major gold mining companies offered 4% wage increases to the country's mine workers during negotiations in Johannesburg on Monday - a fraction of unions' demands of up to 60% pay hikes. The opening offer is based on weak...

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