De Beers, NUM sign historic five-year wage agreement
Parties welcome the deal as bringing stability to the mining sector
De Beers, the world’s leading diamond producer, on Thursday afternoon signed a five-year wage deal with the National Union of Mineworkers (NUM) that has been hailed as bringing stability in the diamond sector.
The company, which is part of the Anglo American group, joins Impala Platinum (Implats) and Anglo American Platinum (Amplats) which signed five-year wage agreement with unions in 2022...
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