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I believe in SA, says Anglo CEO

Oct 22 2012 12:52
AFP
Amplats protests

(File, AFP)

Company Data

ANGLO AMERICAN PLC [JSE:AGL]

Last traded 258
Change -2
% Change -1
Cumulative volume 393932
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

ANGLO AMERICAN PLATINUM LIMITED [JSE:AMS]

Last traded 367
Change 0
% Change 0
Cumulative volume 40365
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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Amplats holds off on dismissals

 

Johannesburg - British multinational Anglo American [JSE:AGL] head Cynthia Carroll has urged authorities to restore order as violent mining strikes rage on with more than 50 deaths since August, local media reported.

"What we are looking for right now, the starting point, and what we've been really reinforcing in our meetings with the government is law and order. It starts with law and order," Carroll told Business Day newspaper in an interview.

"I believe in the country, and the ministers I'm dealing with are great," she told the paper.

"They have a sense of urgency and they understand this is ultra-serious and that the solutions will not come from one organisation or the private sector."

Carroll met with mining and finance ministers last week while a mass wage-hike strike crippled production at Anglo Platinum [JSE:AMS] (Amplats), where 28 000 workers have refused to go underground for five weeks.

Less than 20% of the top global platinum producer's Rustenburg mine northwest of Johannesburg are currently on the job, company spokesperson Mpumi Sithole said.

Carroll remained adamant that 12 000 illegal strikers dismissed early October would not be rehired.

"We will not accept criminals in our organisation. We will not accept people intimidating or killing people, burning them alive ... It's brutal and it's gruesome," she told the newspaper.

The fired workers have refused their dismissal, demanding a pay-rise to at least R12 500 - almost double the current pay of some.

Months of violent strikes have strangled production in mines, causing a 2.6% drop in platinum output in August.

Over 50 people have died in strike-related violence that started with a deadly stoppage at the Lonmin platinum mine in nearby Marikana. Police killed 34 people in clashes at the mine on August 16.

The diversified miner's chief executive however said workers were not dismissed as part of a business overhaul at the Rustenburg operations.

"We did not create illegal strikes or create an environment where people's lives were put at risk," she said.

President Jacob Zuma last week urged illegal strikers to return to work.

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