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Exxaro wildcat strike escalates

Johannesburg - Diversified resources group Exxaro Resources [JSE:EXX] confirms that unprotected strikes are now being experienced at five of its mines.

The mines where the strikes are taking place are Matla‚ Arnot‚ Grootegeluk‚ Leeuwpan and Inyanda.

Exxaro said the strikes however were related to different issues at the mines.

“Production has stopped at these mines and Exxaro is engaging with unions and managing the situation to bring operations to normality as soon as possible.

“The mines have implemented contingency plans to continue supplying coal to maintain the functionality of their respective power stations and other customers. Exxaro will continue to work closely with Eskom to ensure the availability of coal supply‚” the miner said.

The strikes at Matla and Arnot in Mpumalanga started on 5 March 2013 and are related to non-payment of performance bonuses due to the operations having not achieved performance targets.

“Employees have been regularly kept informed of performance levels and bonus payments. The mines have adequate stock days of supply on hand for their respective power stations‚” Exxaro said.

The strike at Grootegeluk in Limpopo started on 8 March 2013 and involves a range of grievances. According to Exxaro‚ the mine has adequate stock days of supply for the Matimba power station and for its other domestic and export customers.

“Production has stopped at Leeuwpan from 9 March 2013 and Inyanda from today. Contingency plans are in place to supply customers‚” Exxaro added.

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