Amplats workers return

Jan 16 2013 18:18

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

Company Data


Last traded 345
Change 7
% Change 2
Cumulative volume 581142
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

NUM to meet Amplats shop stewards

CCMA to facilitate in Amplats process

Amplats workers down tools

Amplats CEO is arrogant, says Shabangu

ANC fuming over Amplats job cuts

Rustenburg - Hundreds of Anglo Platinum [JSE:AMS] workers agreed to return to work on Wednesday after downing tools for a day pending talks to prevent 14 000 job cuts in a company overhaul in South Africa, miners said.

"The workers' committee told us we had to return to work, and they're still going to negotiate some of the sensitive things," said Johannes Mongane, one of the workers.

Strikers agreed to take up their tools after a representative committee met with mine management.

Now workers are set to go underground said William Tyhali, another worker.

The work stoppage followed the announcement to close four shafts at Rustenburg and sell off another mine.

Operations halted from Tuesday night at three Amplats mines.

"A group of its employees at its Khomanani, Thembelani and Tumela mines have refused to go underground this morning and are engaged in an illegal work stoppage," Amplats spokesperson Mpumi Sithole told AFP.

Their representatives, who also led two months of illegal stoppages last year, met with mine management in the day and would continue talks.

Workers would meet again Sunday evening, according to Eyewitness News.

Last year's protests led to the deaths of over 50 people, the majority strikers shot by police in one day of bloodshed at the Marikana platinum mine.

Security was again ramped up on Wednesday.

A police helicopter circled overhead, while a few armoured security vehicle kept watch from a distance.

While some miners were defiant, there was also a sense of resignation.

"All of us here, our work is gone," said 28-year-old Mpolokeng Mosala, who has worked at the mine for five years. "I'm going home to live with my mother. I won't look for work."

Amplats on Tuesday announced it would close four shafts and sell a mine in sweeping restructuring, saying operations had become unsustainable.

The vast majority of job cuts - 13 000 in all - would be made around Rustenburg.

Last year, when workers downed tools for months demanding higher wages, companies warned the inflated wage bill might make operations unprofitable.

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

amplats  |  strike  |  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
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

What toys are you buying this Christmas?

Previous results · Suggest a vote