Precious metals miner Sibanye-Stillwater reported that 1 142 employees have been retrenched following the conclusion of the Section 189 restructuring at the Marikana operation, which it acquired as part of its Lonmin acquisition on 10 June 2019.
It is disheartening, in tough economic times, when South Africa is faced with increased unemployment to hear of potential job losses at Sibanye-Stillwater.
NUM says the judgement confirms a coalition between three unions obtaining an urgent interdict against AMCU regarding an agreement signed with Lonmin.
Ben Magara and Joseph Mathunjwa reached an agreement on the eve of Workers’ Day that marked the imminent takeover of Lonmin Platinum by Sibanye Stillwater.
Rock drillers at Lonmin now earn cash package of R15, 770 and R17, 950 including medical aid. In 2016, Lonmin signed a three-year wage deal with AMCU.
Diamonds & Gemstones
The Economic Freedom Fighters (EFF) have handed a memorandum to the Chamber of Mines outlining their demands from South Africa’s mining sector – which...
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