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Gold Fields obtain strike interdict

Sep 25 2012 17:35 Sapa

Company Data

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 50.24
Change 1.29
% Change 0.03
Cumulative volume 1425905
Market cap 38.95bn

Last Updated: 29/08/2014 at 04:28. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Gold Fields [JSE:GFI] has obtained an urgent interdict against strikes at its operations, the company said on Monday.

"The company has received urgent interdicts for KDC West as well as Beatrix West, and is applying for an interdict for the remainder of the Beatrix mine," said spokesperson Willie Jacobsz.

He said the company was evaluating all options to deal with the unlawful strikes.

Workers at KDC West (formerly Driefontein) went on an unprotected strike on 9 September, demanding a monthly pay of R12 500 after deductions.

The strike spread to the West Section of Beatrix (formerly Oryx Mine) on Friday, and to the rest of the mine by Monday.

"The large majority of the 15 000 employees at KDC West and 9 000 employees at Beatrix are participating in the unlawful strikes, and production has been halted at both operations," said Jacobsz.

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gold fields  |  mining unrest
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