Fin24

Amplats fires 12 000 strikers

2012-10-05 15:35

Johannesburg - World No 1 platinum producer Anglo Platinum [JSE:AMS] (Amplats) said on Friday it had fired 12 000 workers taking part in a three-week illegal strike, following through on tough talk against the wildcat stoppages at mines.

The workers are based at Amplats' Rustenburg operations.

Amplats also said in a statement the illegal strikes had cost it 39 000 ounces in lost output that translated into R700m in lost revenue.

Shares in Amplats rose more than 3% on the news.

By 15:25, shares in the company lost some of the gains but were still up 1.88% at R401.66, after earlier hitting R407.60.

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Comments
  • matshobana.siziba - 2012-10-05 15:36

    Great

      kim.buren - 2012-10-05 15:52

      That will teach them and make them think twice next time.

      christelle.james.7 - 2012-10-05 15:53

      Just read now that their shares went up 3% after announcing - well d@mn done!!!

      sanda.mnyazi - 2012-10-05 15:53

      Trust me those miners will reinstated

      BigChiefPlumbPudding - 2012-10-05 15:55

      Good. But wait - the ANC will force the mine to reinstate those workers.

      simon.stamp.98 - 2012-10-05 15:57

      Yes great, very great. But now don't give in and KEEP them fired regardless of the 'deal' the unions want!

      shirley.steenkamp - 2012-10-05 16:00

      At last someone with sensE!!!!!!!!

      christelle.james.7 - 2012-10-05 16:05

      I have never seen so many comments going up in such a short period of time!! Awesome response to awesome news!

      sean.bagley.50 - 2012-10-05 16:09

      Show them Amplats that you the boss here.

      gerald.king.589 - 2012-10-05 16:22

      Two can play the game finally they can see... The strike? Strike back!

      malcolm.james.macleod - 2012-10-05 16:37

      Why must they be white timmy? Racist chip on your shoulder much?

      maarten.slabbert.7 - 2012-10-05 16:48

      @timmy.khethani. R3500 a month? Is that the same R3500 that after an 11% raise magically becomes R12000? Like the Marikana R4000?

  • gavin.simpson.0 - 2012-10-05 15:40

    Excellent. For the sake of the future of our country I hope they leave them fired.

      christelle.james.7 - 2012-10-05 15:49

      I hate to say it, but the first thing that entered my mind was -"great, but until when"?

      danie.strydom.7 - 2012-10-05 16:03

      Rand is still dipping mad, 6% down since yesterday AM against pound. Sell Rands Now, Profits to be made

      christelle.james.7 - 2012-10-05 16:07

      Maybe this will send out a positive message to the world - South Africa will no longer be held ransom by thugs!!!

      nicholas.graan - 2012-10-05 16:11

      Scare tactic, they will start rehiring in a couple of weeks as part of an agreement ...seen it too often before.

      alf.pop - 2012-10-05 16:15

      If they take them back they create the same problems as Marikana! Escort them off the premises under army guard armed with real "firecrackers"!

      christelle.james.7 - 2012-10-05 16:49

      Timmy - lets keep race out my friend. And how do you have your stats on R3,500?

  • irma.white.9 - 2012-10-05 15:42

    Good. This is exactly what Lonmin should have done. Welcome to the REAL world strikers- where you actually have to WORK for your increases, and you just have to be happy with what you get.

  • thatmanvan - 2012-10-05 15:42

    I agree that the pay levels need to be revised.But illegal strikes? Good on you "Amplats" this is precisly what is needed when "illegal" violent strikes take place. Make the workers think twice about blindly following the unions!

  • DSBennie - 2012-10-05 15:43

    ABOUT BLOODY TIME! just make sure you don't rehire them again, employ people who actually want to work

      christelle.james.7 - 2012-10-05 15:49

      25% (give or take) of the country is unemployed - I am sure they would run to get a job!!!

  • irene.spath.9 - 2012-10-05 15:44

    Now we are talking!! Good

  • thapelo.maleka.94 - 2012-10-05 15:44

    lets see who have the guts to work in those deadly mines.

      semaphor3 - 2012-10-05 15:45

      The people who actually want a job.

      Jane - 2012-10-05 15:49

      Um people who actually would appreciate a job and earning a salary

      christelle.james.7 - 2012-10-05 15:51

      Thapelo, how many miners have died in the past 20 years in those "deadly" mines? Surely farmers should then say, no more farming on our "deadly" farms.

      sean.noble1 - 2012-10-05 15:51

      about 20million unemployed people that would kill for the money and perks our miners earn, free food and lodging, a decent salary comparable if not higher than most educated employment options. Not to mention the allowances and subsidies they receive. Its really not that hard to hold a drill for a couple of hours.

      victoria.kennedy.3532 - 2012-10-05 15:51

      I trust you are speaking from experience? Otherwise do us a favour and shut up. Its not war its a bloody mine for crying out loud. All jobs carry risks. Hey getting into my car and driving to work is also high risk and a death trap - i mean I could be high-jacked! Good to the middle east, that is deadly.

      gavin.simpson.0 - 2012-10-05 15:52

      The problem is will they survive the trip to work?

      BigChiefPlumbPudding - 2012-10-05 15:58

      Deadly? Hell you love to exaggerate and dramatise everything to serve your own point of view.

      deon.louw.7505 - 2012-10-05 16:00

      Maybe a few Zimbabwians will come to work here, they get only R2 000 p/m in Zim. The mines are much safer below than in the "koppies".

      thapelo.maleka.94 - 2012-10-05 16:08

      @semaphor3. if Amplats decided to increase their pay to R16000 a month. who will accept R4000 for an entry level job at Amplats

      thapelo.maleka.94 - 2012-10-05 16:15

      @delusion.you are delustional my friend together with your statistics

  • natasha.coetzer.5 - 2012-10-05 15:45

    About time!

  • delelani - 2012-10-05 15:45

    You reap what you sow!

  • deon.meiring - 2012-10-05 15:46

    Agree! Who are these people to hold employers randsome?

      john.plaatjies.7 - 2012-10-05 17:26

      Deon, who are these 'employers' ?

  • delelani - 2012-10-05 15:46

    You reap what you sow!!!

  • sean.noble1 - 2012-10-05 15:46

    finally some balls, its about time people put an end to unnecessary strikes and illogical wage demands.

  • melissa.walt.3 - 2012-10-05 15:47

    Best news I've read all day

  • glen.clark.37669 - 2012-10-05 15:47

    Excellent! At last someone with the B*lls to stand up to them!! now lets see the rest of them do the same and we may get some order back to this Country!!

      shaun.becker.581 - 2012-10-05 15:48

      Couldn't agree more !

  • dup.andre - 2012-10-05 15:47

    Love it!!

  • Shaun Daly - 2012-10-05 15:48

    Lets hope this is the start of a trend.

  • bradly.howland - 2012-10-05 15:48

    Good for them... it is one thing to ask for a raise, it is another to go on an illegal strike that is creating rippling effects in our economy and terrible precedent for other industries that are now in a similar dire predicament.

  • sisie.indola - 2012-10-05 15:49

    Great - now we will see how they fare.

  • victoria.kennedy.3532 - 2012-10-05 15:49

    Freaking finally!!! Well done! I am so glad that someone finally had the guts to do the right thing. Work must go on. I hope that those who stay behind just go back to work. Soon they will be handing out retrenchment packages due these striking geniuses.

  • george.slade.161 - 2012-10-05 15:49

    CORRECT DECISION : Some Balls at last

  • njdejager - 2012-10-05 15:49

    Goldfields and xtrata must follow. They let the mine loose R700 mil but then want money? Dof!

  • mark.haupt.31 - 2012-10-05 15:49

    Adding 12,000 to the unemployment figures, 2 months before Xmas and the big indaba in Manguang is like lighting a match whilst filling your petrol tank - you just know there's trouble coming. Whilst I endorse the mine's view that this is costing them an arm and a leg, I do hope the ANC are also aware of what basically their own policies are causing and what the results are likely to be.

      gavin.simpson.0 - 2012-10-05 15:53

      I agree, big doggy doo to come.....

  • bm.mb.507 - 2012-10-05 15:50

    Now i wish the other mines will follow

  • firstseed.mbeva - 2012-10-05 15:51

    I do not believe it

      DrGonzoSA - 2012-10-05 16:22

      I know, Juju told you all you would get 18,000 a month. He never said anything about getting fired. It must be terribly confusing to you. Welcome to the real world

  • Stewart Croucamp - 2012-10-05 15:52

    Great news. Love it.

  • bevan.carpenter.1 - 2012-10-05 15:53

    Thank you, eventually someone has the backbone to stand up against being held to ransom by a mob of uneducated idiots

  • malcolm.stevens.129 - 2012-10-05 15:55

    We often see South African employers firing illegally striking workers only to re-hire them in some negotiated settlement. We hardly ever seem to get to know the real reasons behind the rehiring, or I guess of the firing itself. Do they fire the workers as a tactical move in the wage negotiation process, or do they honestly fire them in the belief they will remain fired? We also know that these striking mining workers have proven themselves to be violent - firing them will stoke their anger and cause untold violent incidences in the community and within the mine. Surely this must be a concern for the mine, the community and the nation as a whole? How do you deal with people who will turn to violence when they don't get their own way?

      DrGonzoSA - 2012-10-05 16:23

      You certainly don't give them a pay rise

  • makarapakaplan - 2012-10-05 15:55

    What fantastic news for the weekend! no doubt these fired workers will return to work on Monday like oh I wasn't part of the strikers!

  • mzwandile.komeni - 2012-10-05 15:56

    @ last!! some mine owners with guts! Good for Strike Africa!..yho i mean South Africa!..lol..

  • alaina.nel.12 - 2012-10-05 15:56

    Good.I think here is going to be war.Some more will get shot

  • herbst.john - 2012-10-05 15:57

    This should have been done a long time ago... Everyone just wants to strike strike... Give jobs to those who really want to work and what it is not to have money. Those that will appreciate it truly.

  • athi.ntisana - 2012-10-05 15:58

    One mistake they made, is to think Anglo is like Lonmin that its sole dependency was in SA. Shame, talk about dying for a cause... very immature!

  • adriaan.vanjaarsveld.35 - 2012-10-05 15:59

    At last - irresponsible actions by unions needs strong action. The key word remain supply and demand - I would think that a large number of unemployed would be willing to work for less than Amplats is currently paying.

  • rinus.groeneveld.7 - 2012-10-05 15:59

    Befonk!!

  • ntombizodwa.letty - 2012-10-05 15:59

    What a news late hours finally we've got people with clear minds, let just hope that the new staff n the building will b protected from this useless miners. Vavi must not try to say something about this, please please Amplats bosses dont take even a single one back from this group.

  • Malose-Nyatlo - 2012-10-05 16:00

    It's about time. A pity that those who were in the system longer will lose out on pension and other benefits. Those who are unemployable might have had final contact with formal employment and will be the state's burden upon retirement.\r\nWe need legislation which will prosecute ring leaders of illegal strikes and protests!

  • shengeboy - 2012-10-05 16:01

    now that's sad.imagine the breadwilners...

  • mark.singh.9889 - 2012-10-05 16:02

    I see this as 12000 new jobs available to those who WANT to work for a living. Amplats did the right thing. Lonmin set the wrong precident. Other mines should follow suit against illegal strikers

      ntando.zangqa - 2012-10-05 16:12

      its a real shame. those people work their asses off for a lousy 4grand and have unacceptable living conditions. and we still find a buch of people who express racially motivated opinions on this forum. none of them would ever cope with that back-breaking work in those sharfts.

      ntando.zangqa - 2012-10-05 16:13

      its a real shame. those people work their asses off for a lousy 4grand and have unacceptable living conditions. and we still find a buch of people who express racially motivated opinions on this forum. none of them would ever cope with that back-breaking work in those sharfts.

  • matthys.pienaariii - 2012-10-05 16:03

    lol, they make 700m in 3 weeks and these 12k people are only asking for 150m a month (12500pm per employee), shame on these slave drivers, shame on them!!!

      bruce.arnett.18 - 2012-10-05 16:25

      Not quite. They lose 700m in lost production and generally only save the labour cost. At current platinum prices the mines are marginal and very little of this turnover would be profit

      DrGonzoSA - 2012-10-05 16:26

      Where on earth did you get those numbers?

      gareth.deyzel - 2012-10-05 16:35

      Your an idiot if you think 700m is clean profit

      matthys.pienaariii - 2012-10-05 16:56

      the numbers might not be right and it might not be pure profit, but they aren't asking for much. Would you raise your family on their current salaries? Live and let live, not live and exploit!

      christiaan.vanvuuren.9 - 2012-10-05 23:43

      Did anglo employ the family? Ohhhhh no they did not so why should they pay for them? Ur logic is a brick

  • jon.harris.9421450 - 2012-10-05 16:03

    give the management a case of bells

  • gerry.gee.39 - 2012-10-05 16:03

    Wow. Take note other mines. And companies plagued by these wildcat strikes- fire them, and your shares go up. Someone in the know likes your firm action (not to be mistaken for afirmative action)

      Malose-Nyatlo - 2012-10-05 16:07

      That's a gud one for Friday!

  • Megan Fourie - 2012-10-05 16:03

    That will teach the strikers a lesson! They think that they rule everything and everyone! hahahahahaha, take that!!!

  • irene.buthelezi.1 - 2012-10-05 16:04

    Well done Amplats, but what took you so long?

  • darrell.maclennan - 2012-10-05 16:04

    Brilliant - finally some balls in this country! There are millions of people waiting in the wings for those jobs.

  • goodguy.buthelezi - 2012-10-05 16:04

    They are bluffing! They are trying to scare you. All these people want is a batter salary. How do you expect a married man with kids to survive with a salary of 3k or 4k per month? Thats pocket money.. I use that money to buy drinks imagine somebody with Family surviving on that salary whole month! Not on mining industry

      ndlovuvincent - 2012-10-05 16:09

      My friend u are mad.U will never see light in your life.This is not a banana republic,we all have to work hard to earn a living.U are just speculating that they earn that low.I am so happy that they have been fired.

      Malose-Nyatlo - 2012-10-05 16:12

      These days salary improve on skills and knowledge updates, else we'd all marry polygamously and have big families..

      acm.munro - 2012-10-05 16:17

      These low figures just speculation. Apart from their basic salary they also get certain allowances, and some of them have garnishee orders against their wages because of debt they couldnt repay. People should also have smaller families.

      Mandy Casey - 2012-10-05 16:20

      How's your liver? R4K of alcohol every month!

      goodguy.buthelezi - 2012-10-05 16:20

      @ndlovuvincent:- im not your friend so please dont call me that again. The Mining companies makes billions of rands and the people who risk their lives, help mining companies are paid pocket money! Wtf is that?

      DrGonzoSA - 2012-10-05 16:29

      Can you please point me in the direction of a mining company that makes billions? I'll buy some of their shares

      Mandy Casey - 2012-10-05 16:37

      My friend economics 101, you get paid for a job or task. By your very example a company that mines sand should then pay their workers well below minimum wage. To mine a kg of sand or rock vs gold bearing rock is the same amount of work. Obviously the risk is more 4km down, but that is why there is an extra risk component to their salary. A cash in transit van driver should also then be paid millions per month. Just because the company you work for makes a big profit does not mean you should make crazy demands. Anyway exactly how much profit was made last financial year, margins are under pressure and assumption in the mother of all .... ups.

      dee.rutenbergrobin - 2012-10-05 16:52

      @goodguy.buthelez.....R4k on booze???? What a waste. Maybe u should rather put that money to better use. Perhaps u can buy loaves of bread and hand them out to those that are starving. I feel sorry for those workers who want to work but are threatened with their lives if they do.

  • thapelo.mafu - 2012-10-05 16:04

    Yeah right they fired them. Publicity stunt! Labour model for miners need to be revised. Gone are the days when mining companies source cheap labour from neighbouring countries and the former TVBC states under the aparteid regime and exploit their employees. Hotels should be abolished and miners be paid well and secure their own accomodation like the rest of us.

  • hasani.malungana - 2012-10-05 16:05

    This sound like a war declaration. there will be no peace until they are reinstated. now it is over to the police and the government to intervene and stop the bloodbath

  • gennath - 2012-10-05 16:07

    Well done!

  • ASRPringle - 2012-10-05 16:07

    Ignor-Anuses indeed....

  • robert.doyle.712 - 2012-10-05 16:08

    Crime going up.Glad I had the foresight and left that hell hole of a country. Seff Efrikens lol.

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