• Three cheers for Thuli

    Where are South Africa’s men and women of honour, asks Mandi Smallhorne.

  • Structure your pension

    An expert explains the ins and outs of different types of retirement annuities.

  • Inside Labour

    Without radical policy change SA's social fabric will continue to fray, says Terry Bell.

Data provided by iNet BFA
Loading...
See More

Strikers aim to shut down all NWest mines

Sep 13 2012 13:05 Sapa

Company Data

Lonmin plc [JSE:LON]

Last traded 41.20
Change 0.74
% Change 0.02
Cumulative volume 740296
Market cap 23.51bn

Last Updated: 01/09/2014 at 04:23. Prices are delayed by 15 minutes. Source: McGregor BFA

Anglo American Plat Ltd [JSE:AMS]

Last traded 438.38
Change -4.72
% Change -0.01
Cumulative volume 93429
Market cap 118.22bn

Last Updated: 01/09/2014 at 04:28. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Gold Fields protesters on the march

Strikes catch miners off guard

Mine unrest keeps rand under pressure

Three mines at a standstill

Malema: We mean business

Amcu calls for Zuma intervention

 
Rustenburg - Security was tight at Rustenburg's Blesbok stadium on Thursday when thousands of Anglo Platinum (Amplats) [JSE:AMS] mineworkers streamed in for a mass meeting.

The workers hoped mineworkers at Lonmin's [JSE:LON] nearby platinum mine would join them so they could halt work at all the mines in North West to show mine bosses how serious they were about their demand for a R12 500 monthly salary.

"We want workers in Lonmin to come and join us. It seems we are all underpaid," protester Mziyanda Mehlo said.

As has been the case the past week, the police had nyalas stationed in the area and a helicopter overhead. Amplats security vehicles and security guards were also on alert, and a Netcare911 ambulance was on standby.

Workers entered the stadium carrying knobkerries, sticks and whips. Some also carried umbrellas.

Amplats suspended operations on Wednesday out of concern for the safety of its employees. CEO Chris Griffith said the situation in the Rustenburg area was volatile, and that people who wanted to go to work could not because of threats of violence.

"Anglo American Platinum has decided to suspend its operations in the Rustenburg area with immediate effect," he said in a statement.

"The suspension will continue until such time as operations can be safely resumed."

Griffith denied that staff were on strike.

Amplats' chairperson Cynthia Carroll said: "We are in touch with the authorities at the highest level to identify how we can work together with our tripartite partners - government and the recognised labour unions - to achieve a swift and peaceful resolution to these illegal actions."

Carroll said the company's Rustenburg platinum operations were already under financial pressure, and the suspension of operations on Wednesday risked their long-term viability the longer the situation lasted.

A strike at Lonmin entered its second month this week. Workers at Gold Fields' KDC west mine were also on strike on Thursday.

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.  


 
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
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

“Hippie sense makes business sense,” an entrepreneur said, adding that "purpose" was core to success.
 

Money Clinic

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