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December 19, 2013
08:07 EDTATLAtlatsa reports wage agreements reached for Bokoni Mines
Atlatsa Resources advised that its operating subsidiary, Bokoni Platinum Mines has reached a wage agreement with NUM, TAWUSA and UASA, the recognized trade unions at its mine operations. The wage agreement provides for an average increase which exceeds the increase in the South African cost of living as measured by the inflation rate, will be implemented retrospectively with effect from 1 July 2013, and will remain in place for one year. Bokoni Mine currently employs approximately 3,500 permanent employees.
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