• FULL mini budget speech

    Read the full mini budget speech delivered by Finance Minister Pravin Gordhan.

  • #FeesMustFall reporting

    What are the real issues and whose voices are being suppressed by social media, asks Solly Moeng.

  • Matchmaker businesses

    Multisided platforms can create huge value for society and fortunes for entrepreneurs, says Ian Mann.

All data is delayed
See More

Strike hits junior coal miner

Oct 24 2012 11:48

Company Data


Last traded 43
Change 0
% Change -1
Cumulative volume 3761
Market cap 0

Last Updated: 27-10-2016 at 09:53. Prices are delayed by 15 minutes. Source: McGregor BFA


Last traded 332
Change -1
% Change 0
Cumulative volume 12976
Market cap 0

Last Updated: 27-10-2016 at 10:25. Prices are delayed by 15 minutes. Source: McGregor BFA


Last traded 187
Change -4
% Change -2
Cumulative volume 76477
Market cap 0

Last Updated: 27-10-2016 at 10:25. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Lonmin denies claims of govt collusion

Gold Fields fires 8 500 strikers

Harmony workers get ultimatum

AngloGold miners trickle back to work

Lessons from Lonmin

Samancor workers end strike


Johannesburg - SA Coal Mining Holdings said on Wednesday operations at its Umlabu colliery have been interrupted due to a strike, signaling spreading labour unrest in the domestic mining sector that has choked output.

SA Coal Mining, a junior coal producer, said the strike by the National Union of Mineworkers is over a wage dispute.

Striking miners at AngloGold Ashanti [JSE:ANG], the world’s No.3 gold producer, have until midday to return to work or be fired. The company said on Tuesday it was seeing positive signs that workers will return to work by the deadline.

The bulk of workers at AngloGold’s two mines, Kopanang and Great Noligwa, had returned to work.

Rival bullion producer Harmony Gold Mining Company [JSE:HAR] has also given wildcat strikers an ultimatum to return to work on Thursday.

The hardball tactic has not always worked. Gold Fields [JSE:GFI], the world’s fourth-largest bullion producer, sacked 8 500 wildcat strikers at its KDC East mine on Tuesday after they ignored an ultimatum to return to work.

Anglo Platinum [JSE:AMS] (Amplats), the world’s largest platinum producer, was the first to take a stand against wildcat strikes, sacking 12 000 workers at its Rustenburg operations earlier this month.

Last week it said it would delay the dismissal process at its Union and Amandelbult operations, where it employs 20 500 people. It also said it was open to discussing the reinstatement of the sacked workers with unions.

The strikes spread to other mining industries after starting in the platinum mines.

mining unrest  |  strikes



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
Comments have been closed for this article.

Company Snapshot

Money Clinic

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

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote