Fin24

Implats fires 17 200 for illegal strikes

2012-02-02 13:48

Johannesburg - Impala Platinum Holdings [JSE:IMP] announced on Thursday that it had dismissed a further estimated 13 000 mineworkers who participated in an illegal work stoppage at its Rustenburg operations.

This brings to around 17 200 the number of striking workers who have been dismissed by the group for failing to return to work by the deadline on Wednesday.

A process of rehiring for those employees who wished to reapply for their positions would be undertaken in due course, Implats said.

The strike began on January 20 when around 5 000 rock drill operators downed tools, apparently over wage grievances. In an apparent show of solidarity, they were joined on strike on Monday by the majority of workers at the mine.

The mine employs about 18 000 workers.

According to Implats, the mine is losing around 3 000 ounces of platinum per day in production.

At 13:13, Implat's shares were trading at R170.80 per share on the JSE, down R4.26 or 2.43% on Wednesday's closing price.

 

Comments
  • ludlowdj - 2012-02-02 14:02

    Try employ new personnel before even looking at re-hiring dismissed ones.

  • superkruger - 2012-02-02 14:04

    Employer: "If you're not in by Wednesday, don't bother coming in at all!" Employee: "Whoohoo, 5 day weekend!" ;) Serve's 'em right. Leave the jobs to those who actually want to work.

  • ivan.coetzee2 - 2012-02-02 14:09

    Thisn is definitely the right course of action to take. On the other hand, I wonder what COSATU and NUM are gonna do, coz they up against a ANC stalwart who owns the company!!

  • odupreez - 2012-02-02 14:09

    All will be re-hired at double their pay - no one has the guts to stick their guns -- why re-hire DISMISSED staff, thats not logical.

  • frans.grobler3 - 2012-02-02 14:09

    1st strike 2nd strike 3rd strike "YOU OUT"

  • Mark - 2012-02-02 14:29

    This is awesome news! Strikers are nothing but robbers and thieves. http://www.news24.com/MyNews24/YourStory/The-truth-about-strikes-and-unions-20110714

  • fred.janssen2 - 2012-02-02 14:33

    To replace 17200 workers are not easy. You do not go to the taxi rank and get more people. These guys are trained and experienced to work in hard rock mines. It is a brave move by Implats but they will have to rehire most of the people. However Implats have the opportunity now to get rid of the trouble makers and keep the hard working guys.

      Zion - 2012-02-03 08:43

      Most of the work and work description is the same or at least similar in other hard rock mines like gold mines. It is really just the equipment which may differ.

  • mkhizess - 2012-02-02 16:40

    South Africa is following China How can you fire someone and rehire same person again. They want erase all they history of employment. Some might be close to retirement they are unemployable

  • Irene - 2012-02-02 19:06

    Well done to Implats. Now the strikers have nothing to strike about! Bwahahahahahahaha!!!!

  • Jacques - 2012-02-02 19:20

    Love it. Just for that i will buy shares. Its long enough that this country has been held to randsom by the lazy strikers who think they can hold the country to randsom. Good for you Implats you make me proud. And for those that say the work conditions and the pay and and their are millions of people who would love a job

  • PGPops - 2012-02-02 22:26

    Skilled mineworkers are now in high demand in Rustenberg. Collectively raise your salary expectations and demand full restoration of service history. Implats has played their final card it seems.

  • Andrew - 2012-02-03 06:37

    Excellent, there are many miners out of work across Gauteng that have been down sized and retrenched. Give them an opportunity and allow the people who think that they can do better to go and do better - Employers MUST call the Union's bluff - we have the crazy situation that Public Service workers earn almost double what private sector people do for half the work and they are still not happy - our taxes keep going to support these incompetents

  • Richard - 2012-02-03 07:08

    Replace them with people that have been racially discriminated against.

  • Zion - 2012-02-03 08:39

    Good Amplats, the best we have seen so far. It is no longer acceptable for the workers to dictate to management as to what they want and threaten management when they cannot get their way. Surely over the history of the mining industry billions must have been lost due to a truculent workforce. Apply the labour laws and get rid of them.

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