• The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

  • Web of dependency

    Zupta defenders are playing cat and mouse with ratings agencies, says Solly Moeng.

All data is delayed
Loading...
See More

Amplats miners won't return to work

Nov 01 2012 14:28
Sapa

Company Data

ANGLO AMERICAN PLAT LIMITED [JSE:AMS]

Last traded 373
Change -9
% Change -2
Cumulative volume 299693
Market cap 0

Last Updated: 24-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Amplats mines still down

Amplats to reinstate 12 000 strikers

Amplats output hit by strikes

Mine labour strife continues

Workers gather after Amplats protests

All quiet on Amplats front

 
Johannesburg - Thousands of dismissed workers at Anglo Platinum [JSE:AMS] (Amplats) operations in Rustenburg have still not accepted an offer to reinstate them, the company said on Thursday.

"The offer was strictly subject to all striking employees returning to work and doing actual work activities by no later than Tuesday, October 30 2012," Amplats said in a statement.

"This offer, which has not yet been accepted by employees, is still open."

Last week, the platinum producer said it met with unions to facilitate the return of the 12 000 dismissed workers and those who were on an illegal strike at its Union and Amandelbult mines.

The company also offered a once-off R2 000 "hardship allowance" to assist employees with financial difficulties as a result of the no-work, no-pay principle.

Amplats fired the 12 000 workers after they failed to appear for a disciplinary hearing.

They had been on a wildcat strike since September 12, demanding to be paid a minimum of R16 000 a month.

Amplats CEO Chris Griffith said: "We have been patiently appealing to our workers to get back to work so that the situation in Rustenburg and north of Pilanesburg can go back to normal.

"We are disappointed that the offer, which was made to employees to alleviate some of the hardship as a result of the no-work, no-pay principle, has not yet been accepted."

The company said it did not have sufficient staff for safe operations in the affected areas, and continued to carry out only essential services.

Amplats is losing on average 3 694 ounces of platinum production a day. To date 141 640 oz of production has been lost, it said.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

anglo platinum  |  mining unrest

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
10 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...