Northam hopeful of settlement at Zondereinde mine 17 January 2014

Johannesburg, Friday 17 January 2014. Northam has been advised by the National Union of Mineworkers (NUM) that it has accepted the company's final offer in terms of the negotiations around annual wage increases and conditions of employment.

Northam management has since received a further request from the NUM for a meeting with management on Monday 20 January 2014. Management has agreed to a further meeting provided it is held under the auspices of the CCMA.

The company will issue a statement once an agreement has been signed with the NUM.

Issued by
Russell & Associates
Johannesburg
Tel +27 (0)11 880 3924

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