• Busting Uber myths

    The ehailing firm is constantly trying, succeeding - and sometimes failing, says Ian Mann.

  • Trapped in a democracy

    The very people elected to bring benefits to all are undermining SA, says Solly Moeng.

  • Marikana spectre

    Five years after the bloody massacre calls for justice are growing louder, says Terry Bell.

Loading...

NUM to meet Amplats shop stewards

Jan 16 2013 17:25
Sapa
Amplats worker

Amplats worker (Picture: AFP)

Company Data

ANGLO AMERICAN PLATINUM LIMITED [JSE:AMS]

Last traded 342
Change 14
% Change 4
Cumulative volume 575305
Market cap 0

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

Related Articles

Workers shocked by Amplats threat

Amplats' restructuring proposal:

Amplats CEO is arrogant, says Shabangu

ANC fuming over Amplats job cuts

CCMA to facilitate in Amplats process

 
Johannesburg - The NUM will meet shop stewards at Anglo Platinum [JSE:AMS] after some workers refused to go underground on Wednesday, in response to news that up to 14 000 employees could lose their jobs.

"We are meeting shop stewards tomorrow (Thursday) and on Friday," National Union of Mineworkers spokesperson Lesiba Seshoka said.

On Wednesday the company confirmed that a group of employees at its Khomanani, Thembelani and Tumela mines refused to go underground.

The company considered it an "illegal stoppage" and was holding talks with employees to try and end it.

Operations at other mines in Rustenburg and those in the north of Pilanesburg were normal, company spokesperson Mpumi Sithole said.

Earlier Seshoka said the union would do all it could to reverse the company's plans and urged workers to not go on an unprotected strike.

"That will ensure that the employer will easily dismiss them without any retrenchment packages," he said.

He later said other unions would not be able to give notice of a sympathy strike, because this was not permitted if the primary strike was unprotected.

A strike at Lonmin Platinum led to 34 deaths during a clash with police in August last year. The industrial action then spread across the platinum and gold sector.

At one point 12 000 Amplats employees were fired, then rehired after lengthy negotiations.

According to a statement, Amplats proposes to split its Rustenburg operations into three mines, with aligned processing operations; divest the Union mines at the right time; and deliver R3.8bn of annual benefits by 2015, through efficiency and cost reduction initiatives, including annual savings of R390 million from optimising its overhead structure.

It also plans to provide a comprehensive package of support to its employees and communities in Rustenburg and the "labour-sending areas", and create at least 14 000 new jobs, to balance the number of jobs that may be affected by the restructuring.

This was in response to its revised expectations for platinum demand growth and a number of structural changes that had eroded profitability in recent years, it said.

These included capital intensity, mine depths, ore grades, higher-than-inflation unit cost increases, changes in jewellery demand, and increasing secondary supply of platinum.

"As a result of the proposed changes to the business, a total of up to 14 000 jobs may be affected, 13 000 of which will be in the Rustenburg area."

The Amplats announcement came after Harmony Gold said it was suspending operations at its Kusasalethu mine in Carletonville to review operations after several illegal strikes.

North West police spokesperson Brigadier Thulani Ngubane said that there had been no situation that had required police attention around Rustenburg's mines on Wednesday.

Meanwhile, the Commission for Conciliation, Mediation and Arbitration said on Wednesday it would help in processes related to Amplats' announcement.

"[We have] received the referral form from the parties to facilitate the process. We are setting it down to process this week."

The United Association of SA union had asked Amplats to withdraw its notice, which was turned down, so the CCMA was called upon.

The Association of Mineworkers and Construction Union said it would brief the media on Thursday about the Amplats notice.


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

amplats  |  jobs  |  mines

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
3 comments
Comments have been closed for this article.
 

Company Snapshot

We're Talking About...

Savings Month

It's never too late to start saving. Visit our special issue and add your voice.
 

Money Clinic

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

Voting Booth

The proposal to nationalise SARB will

Previous results · Suggest a vote

Loading...