TRANSVAAL MINES
INCREASED OUTPUT ESSENTIAL ; EFFORTS TO REDUCE COST OF PRODUCTION By. Telegraph—pre«s Association—Copyright "" ' Cape Town, November 24. ' Negotiations " are proceeding between the Transvaal gold mines proprietors and ;/ the employres with the object of cooperating to secure increased efficiency with a view to reducing the cost of production.l.,•■■■■ - ■ ■ s' Sir Lionel Phillips, partnerin' the firm of Wernher, Beit, and Co., in aft interview, declared that the low-grade mines could be saved ,-without. assailing ! the standard of liying or adopting a. cheeseparing .wages, policy. If the .negotiations proved satisfactory, capital would, also be forthcoming to, open new mines, but failing greater, efficiency ■ and increased ■ - output, a- -.large .section ,-of the indiistry. would be compelled, to close.—Aus.-N.Z. Cable Assn, i--’ ;
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Dominion, Volume 15, Issue 54, 26 November 1921, Page 7
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118TRANSVAAL MINES Dominion, Volume 15, Issue 54, 26 November 1921, Page 7
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