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Strike hits Limpopo platinum mine

Oct 01 2012 18:55 I-Net Bridge

Company Data

Anglo American Plat Ltd [JSE:AMS]

Last traded 470.40
Change -1.42
% Change 0.00
Cumulative volume 87806
Market cap 126.86bn

Last Updated: 24/07/2014 at 01:45. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Atlatsa Resources Corporation confirmed on Monday that employees at the Bokoni Platinum Mines‚ a joint venture with Anglo Platinum [JSE:AMS] in Limpopo Province‚ have embarked on unprotected industrial action‚ with effect from this morning.

Attendance at the mine was currently below 20%‚ it said.

“The mine’s representative unions - Num‚ Tawusa and Uasa - have tried to address all of their members unsuccessfully. Bokoni has an existing agreement in place regarding conditions of employment‚ including wages‚ effective up until 30 June‚ 2013.

"Bokoni management has indicated that it will not negotiate any issues outside of formal bargaining structures and encourages employees to work through these channels‚” the company said.

It added: “Management continues to engage in constructive dialogue with employee representatives‚ the authorities and other stakeholders with a view to maintaining peace and resolving the industrial action.”

Bokoni has advised of its intention to apply for an interdict on Tuesday October 2 at 14:00 in the Labour Court concerning unlawful and/or unprotected conduct and/or industrial action in terms of section 68 (2) of the Labour Relations Act. The no work‚ no pay principle will apply for as long as the unprotected industrial action continues to take place.

Further updates would be made in due course‚ Atlatsa added.

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amplats  |  mining unrest
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