• Will the NPA stand up?

    Solly Moeng wonders if the NPA head will reinstate criminal charges against president Zuma.

  • Commodity currency

    Jac Laubscher asks if the true exchange rate of the rand is really a cue from commodity prices.

  • Accoutable government

    Mandi Smallhorne says government should be taken to court for its wasteful expenditure.

All data is delayed
Loading...
See More

Sishen mine hit by strike

Oct 04 2012 16:24
Sapa

Company Data

KUMBA IRON ORE LIMITED [JSE:KIO]

Last traded 112
Change -1
% Change -1
Cumulative volume 602084
Market cap 0

Last Updated: 04-05-2016 at 02:44. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Kumba miners join countrywide strike

Airlink in empowerment deal

Basil Read completes Sishen B-BBEE deal

Kumba granted full rights to Sishen mine

ICT loses in Sishen court challenge

Court to rule on Sishen mining rights

 
Johannesburg - Mining operations at Kumba Iron Ore [JSE:KIO] Sishen Mine in the Northern Cape have been suspended due to a wildcat strike, the company said on Thursday.

"Approximately 300 striking employees are blocking access to the pit," said company spokesperson Gert Schoeman.

Although there were a number of entrances to the open pit, which was about 14km long and 2.5km wide, it was not safe to continue with mine operations, once the 300 workers had gathered there.

Schoeman said most of the company's 12 700 workers were not on strike and were being given maintenance tasks and attending training shifts.

The strike, which started on Wednesday, has been declared illegal by the court.

Schoeman said the demands of the strikers remained unclear.

"Efforts to try and engage the strikers are continuing and the company is supplying them with food and water."

He said Kumba was able to supply its customers for "some time" by using stockpiles of finished product and products from other mines where operations were ongoing.

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.
kumba iron ore  |  sishen mine  |  mining unrest

 
 
 

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
1 comment
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

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

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...