• Offshore investments

    A Fin24 user wants to know how to ensure offshore exposure.

  • Follow us

    Like us on Facebook to see the latest business news and to give us your views.

Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Gold Fields strike gains traction

Sep 03 2012 10:47 Sapa

Related Articles

Gold Fields strike continues

Gold Fields earnings hit by gold price

Gold Fields‚ Num deadlock on South Deep

Gold Fields lambasted over mine deaths

Num spurns Gold Fields proposals

Mining revolt spreads to Gold Fields

 

Johannesburg - The strike at Gold Fields' KDC gold mine was continuing on Monday, the mine said.

"Gold Fields Limited regrets to announce that employees of the East Section of the KDC Gold Mine... continue to engage in an unlawful and unprotected strike," spokesperson Sven Lunsche said in a statement.

"Approximately 12 000 employees are participating in the strike which started with the night shift on August 29 (Wednesday). To date three night shifts as well as two day shifts have been lost."

He said it appeared the strike was a result of an internal dispute within the local branch leaders of the National Union of Mineworkers (Num) and its members.

Gold Fields [JSE:GFI] and mine leaders were continuing to talk to stakeholders, including local, regional and national Num leaders, to maintain peace and resolve the problem.

Gold Fields CEO Nick Holland called on them to place the safety and security of employees ahead of any partisan interests and to hold discussions in good faith, with a view to finding a peaceful solution.

Gold Fields has been granted an urgent interdict to end the strike, but the company's South African head Peter Turner said that while the company had the right to proceed with the interdict, Gold Fields preferred to work with Num to resolve the matter.

Holland said the company was giving the matter the highest priority and had asked the department of mineral resources and the Num to help find a solution.

Lunsche said reports that the strike was a result of the unilateral implementation by the company of a funeral policy scheme were inaccurate and devoid of truth.

Num spokesperson Lesiba Seshoka confirmed that the dispute had shifted from the funeral benefit and was now about leadership concerns within the local branch.

"Num leadership is there to advise and we hope the matter will be sorted out soon," he said.


*Follow Fin24 on Facebook, Twitter and Google+.

 
gold fields
NEXT ON FIN24X

 
 

Read Fin24’s Comments Policy

Comment on this story
5 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

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