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Gold producers say wage demands 'unaffordable'

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GOLD
South African gold producers said on Tuesday that union wage demands were "unaffordable" and could add R16.5-billion ($1.3-billion) to the sector's wage bill. The producers, which include AngloGold Ashanti, Sibanye Gold and Harmony Gold, said in a statement that the industry's total wage bill in 2014 was R23.5-billion.
 
 
 
 
 

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