HomeGoldDRDGold to retrench 1 335

DRDGold to retrench 1 335

mine, where 1 335
workers are being
Johannesburg, South Africa — MININGREVIEW.COM — 22 January 2009 – DRDGold Limited – the fourth-largest gold producer in Africa – has completed negotiations on the future of employees at its ERPM mine, and a total of 1 335 workers are to be retrenched.

A statement released here confirmed that consultations had taken place in terms of Section 189A of the Labour Relations Act regarding employees affected by the placing on care and maintenance of the underground operations of its Boksburg-based ERPM mine .

It added that of the 1 700 affected employees, 109 had accepted the company’s voluntary retrenchment offer; 101 had been transferred to DRDGold’s Blyvooruitzicht mine and five to the ERGO Joint Venture with the Mintails group; and 150 had been retained at the ERPM mine to provide care and maintenance services. The remaining 1 335 would be retrenched, and each retrenched worker would be paid a severance package calculated in terms of a formula that had been agreed with the representative trade unions.

DRDGold said the company was working closely with the unions to identify and implement re-skilling programmes. Also, where possible, it had engaged with other mining companies which had expressed an interest in recruiting employees, and had established lines of communication between them and the unions.