https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

Gold mining companies make strides in housing employees

26th March 2015

By: Natasha Odendaal
Creamer Media Senior Deputy Editor

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

JOHANNESBURG (miningweekly.com) – South Africa’s major gold producers on Thursday said significant strides had been made to house their respective employees.

Since the implementation of the Mining Charter more than a decade ago, AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye Gold had collectively spent more than R1-billion on housing and accommodation for their workers.

Advertisement

“Extensive new housing programmes have delivered houses to a number of employees and policies aimed at facilitating the ownership of affordable homes by employees are well advanced,” the companies said in a joint statement, adding that the hostels were also upgraded and converted into single accommodation units.

AngloGold Ashanti had spent R349-million since 2005 to ensure it met the Charter’s 2014 target of single accommodation at its hostels, with the company now boasting six complexes of multistorey buildings housing 8 817 employees in single quarters.

Advertisement

Further, the company converted 100% of residences, which were previously classified as redundant, into family units housing 4 916 employees.

More than 11 200 AngloGold employees were receiving living out allowances (LOAs).

Gold Fields had spent R74-million on its hostel upgrading programme at its South Deep mine during 2013 and 2014, with the mine now housing 845 workers in single room quarters. Another 1 148 workers were staying in family accommodation and just over 1 000 were recipients of LOAs.

Harmony had spent R224.5-million on housing and accommodation for its employees in 2014 and R440-million since 2005 to meet the 2014 charter target.

There were now 8 500 single quarter units and 1 825 family accommodation units. Another 16 565 employees were receiving a LOA at a cost of R367-million in 2014.

“The company is committed to converting another two hostels into some 1 100 family rental units by the end of this year at a cost of R350-million,” the company said.

Meanwhile, Sibanye Gold had spent R608-million since 2006 on building new houses and on hostel upgrades.

The company had 12 281 single quarter dwellings and 6 740 family units. Around 14 400 employees received LOAs.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za