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Shares of South African miners sink as the country's mine workers union calls for a 60% pay...

May 20, 2013 8:12 AM ETAngloGold Ashanti plc (AU) StockEZA, GFI, HMY, AUBy: Carl Surran, SA News Editor2 Comments
Shares of South African miners sink as the country's mine workers union calls for a 60% pay increase on gold and coal producers. The union says it is seeking an entry-level minimum monthly wage of 7K rand ($750) for surface workers and 8K rand for underground workers vs. respective current minimum wages of 4.7K and 5K rand. AU -3.7%, GFI -3.4%, HMY -1.9% premarket.

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