Num says Gold Fields proposals are "a call to war"

Gold Fields began its consultation process with the Num and other affected employees at South Deep, in Westonaria, about six months ago, and proposed remuneration and benefit packages linked to the adoption of the new operating model, Fin24 says.

Moneyweb reports that Gold Fields, Africa's second- biggest producer of the metal, said the new model would enable it to create a further 400 full-time positions immediately and as many as 1 500 by the end of 2015. While negotiations with unions had lasted "several months," the company said, they couldn't reach an agreement on the proposal. The "worst-case scenario" would see it dismiss 2 384 underground workers, Chief Executive Officer Nick Holland said on a conference call.

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