Deal reached to end S.African gold mine strike

JOHANNESBURG, Aug 2 – A strike in South Africa’s gold mining sector ended on Tuesday after a 2-year wage deal was clinched, unions and the Chamber of Mines said. The strike at AngloGold Ashanti, Gold Fields and Harmony began last Thursday and halted output worth up to $25 million a day at bullion’s current record prices.

The unions said their members would return to work on Tuesday with the night shift but it will take a day or two before the mines are back to full production.

Source: Reuters Africa newsletter

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