Data provided by iNet BFA
Loading...
See More

Gold Fields obtain strike interdict

Sep 25 2012 17:35 Sapa

Company Data

GOLD FIELDS LIMITED [JSE:GFI]

Last traded 40.49
Change -1.26
% Change -0.03
Cumulative volume 433896
Market cap 31.37bn

Last Updated: 24/07/2014 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Gold Fields strike hits second mine

Mining crisis rattles SA labour movement

Thousands of miners wait for Vavi

Lonmin deal stirs more mine strife

NUM, workers agree deal at Gold Fields

We will not negotiate pay - Gold Fields

 
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.

*Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.
 
gold fields  |  mining unrest
NEXT ON FIN24X

 
 
 

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
17 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

This is what banks do with your money

Gone are the days of saving cash under your mattress. Banks are now the custodians of your precious pennies, but what do they do with them?

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

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