• Wealth and poverty

    True riches would be to create a safe and satisfied community for all South Africans.

  • SABC shenanigans

    SA has already embarked on a slippery slope to autocracy, warns Terry Bell in Inside Labour.

  • Zim tastes people power

    Protests in Zimbabwe are forcing Mugabe to face anti-government sentiment, says Memory Mataranyika.

All data is delayed
Loading...
See More

Stakeholders vow fair Amplats deal

Jan 28 2013 19:47
Sapa

Amplats mineworkers at a previous strike. (Picture: Lucky Nxumalo/City Press)

Company Data

ANGLO AMERICAN PLATINUM LIMITED [JSE:AMS]

Last traded 388
Change -2
% Change 0
Cumulative volume 278982
Market cap 0

Last Updated: 25-07-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Renewed hope for 14 000 Amplats miners

Unions must act on Amplats job cuts

All quiet at Amplats mine

Amplats, govt discuss way forward

Nationalise Amplats mines - Amcu

Amplats job cuts on hold for now

 
Johannesburg - The retrenchment of nearly 14 000 minerworkers at Anglo Platinum [JSE:AMS](Amplats) was postponed on Monday to allow for a detailed consultation process to take place.

The mineral resources department, Amplats and unions met on Monday and decided to postpone the Section 189 process under the Labour Relations Act.

"[The meeting resolved to] expedite the consultation process and take no more than 60 days, beginning January 30," they said in a joint statement.

"The tripartite members re-committed to engage constructively for the benefit of all stakeholders and will communicate progress updates as and when appropriate."

The unions represented at Amplats are the National Union of Mineworkers, the Associated Mineworkers & Construction Union, the National Union of Metalworkers of South Africa and UASA.

Amplats announced the retrenchments on January 15.

The vast majority of job cuts - 13 000 - would be lost around Rustenburg, that was at the centre of violent labour unrest last August and September.

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

amplats  |  jobs  |  num  |  mines

 
 
 

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
2 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE SAVINGS ISSUE

Saving can make a lot of things possible, but we all know how hard it is to save. This special Savings Issue will help you get focused.
 

Money Clinic

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

Voting Booth

Sarb's decision to keep the repo rate unchanged is:

Previous results · Suggest a vote

Loading...