• Busa, BBC split unpacked

    Who will lose and who stands to gain as the business bodies cut ties, asks Solly Moeng.

  • Noakes soap opera

    How many millions more will be sunk into a seemingly pointless vendetta, asks Mandi Smallhorne.

  • Downgrade scenarios

    An analyst takes a look at how credit downgrades have affected countries around the world.

All data is delayed
Loading...
See More

Strike looms at Nkomati mine

Jul 19 2012 12:46
I-Net Bridge
Johannesburg – The National Union of Mineworkers (Num) has this week declared a dispute with Nkomati mine‚ a joint venture between African Rainbow Minerals Limited [JSE:ARM] and Norilsk Nickel Africa.

The Num said the dispute centred on Nkomati's refusal to bargain on grounds that it was awaiting the approval of a budget.

"It just cannot be true that they await a budget.

"We have been negotiating with them for a number of years between April and September and the issue of budget approval has never emerged‚" Num regional secretary William Mabapa said.

The dispute has formally been referred to the Commission for Conciliation‚ Mediation and Arbitration.

"We are taking them on and we are disappointed that wherever African Rainbow Minerals is involved‚ we first have to go on a strike before our issues get resolved.

"We went on a strike at Modikwa mine for four months before we received attention and now again we must go on strike to resolve these‚" Mabapa said.

Nkomati mine is situated in Machadodorp in Mpumalanga and produces nickel.

*Follow Fin24 on Facebook, Twitter and Google+.


 
african rainbow minerals  |  mining  |  strikes  |  num

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
0 comments
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

Almost all working South Africans fear losing their jobs

Previous results · Suggest a vote

Loading...