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The National Union of Mineworkers (NUM) and Geomachanics today successfully concluded their negotiations for a one-year wage agreement ending a 3 days strike at the drilling and mineral exploration company.
Geomachanics workers downed tools on Monday 10 January 2017 demanding a salary increase of 15% across the board, provident fund and bonuses.
The agreement will see wage increases of up to 10% for the workers, back dated from June 2016. This also includes R300 allowance per day for work done outside the country.
The agreement will be in force for the period 2016/2017. Among the highlights of the agreement is the creation of a provident fund for workers with a 7.5 % contribution from each party.
The employer also agreed to pay all employees an amount equal to the employee's basic salary as an annual bonus or 13th cheque in December each year.
The signing of this one-year wage agreement is a significant achievement as it marks the first time for Geomachanics to sign a wage agreement with the union.
"We are agreed to form a task team that will look into other matters such as allowances and medical aid. The role of the task team will also be to find formulas that will work in this regard and give a report back to members," said NUM negotiator Lebogang Ramabolu.
The union thanks all its negotiators for the hard work they have done in a very difficult and hostile negotiation, and members at Geomachanics for their discipline and patience.
For more information, please contact:
Lebogang Vincent: NUM Negotiator at Geomachanics: 078 198 4025
Livhuwani Mammburu: NUM National Spokesperson: 083 809 3257
Ngoako Matsha: NUM Media Officer: 083 809 3257
7 Rissik Street.
Tel: 011 377 2111
Twitter: @Num Media