Harmony reaches agreement with unions
Harmony today announced that it has reached an understanding with two of the three recognised unions in its Free State operations in respect of retrenchments at five of its shafts. The unions are Solidarity and the United Association of South Africa.
In terms of the understandings the effective date of the retrenchments has been extended to 21 April 2005 to allow for the joint process implementing existing retrenchments at mine level.
The discussions with the other recognised union, the National Union of Mineworkers (NUM), ended inconclusively and the union is considering its position.
Prepared by: Beachhead Media & Investor Relations
Jennifer Cohen
Office: +27 11 214 2401
Mobile: +27 82 468 6469
jennifer@bmsa.co.za
Patrick Lawlor
Office: +27 11 214 2410
Mobile: +27 82 459 6709
patrick@bmsa.co.za
For more details contact:
Ferdi Dippenaar
Marketing Director
+27(0)82 807 3684
Brenton Saunders
Executive, Investor Relations
+27(0)83 607 4060
Vusi Magadana
Investor Relations Officer
Office: +27 11 684 0149
Mobile: +27(0)72 157 5986
vusi.magandan@harmony.co.za