Rössing in wage agreement

Windhoek – Uranium miner Rössing has reached a two year salary increase agreement with its employees.
Workers representative, the Mineworkers Union of Namibia (MUN) on Wednesday concluded negotiations with the mining company for salary increases for 2013 and 2014.
The two year agreement, amongst other benefits, provides employees in the bargaining Unit a three percent increase in 2013, and a further increase of eight percent in 2014.
Rössing Managing Director Chris Salisbury noted in a statement that the two year salary arrangement was agreed, following endorsement by employees at a meeting held on Tuesday (28 Nov).
Salisbury emphasised that: “The salary negotiation was undertaken in a mutually co-operative spirit with both parties sharing a common understanding of the challenges facing the business.
“This agreement reflects what can be achieved when management, employees, and their union, are aligned in what is required to ensure the viability of the business”.
He further explained that: “The agreement continues the journey of continuous improvement that Rössing is undertaking with significant improvement already achieved in safety performance, increasing productivity, and lowering operational costs.
“The strict control on all aspects of cost performance also reflects the short term challenges facing the uranium industry in Namibia, given the recent significant decreases in uranium price, and escalating local cost pressures”.
The Rössing Uranium Mine in the Namib Desert near the town of Arandis in Erongo region is one of the world’s largest open pit uranium mines.

December 2012
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