Johannesburg, South Africa — 17 October 2012 – Bullion producer Gold Fields Limited says an illegal strike at some of its Beatrix shafts in South Africa have ended, but adds that the majority of its operations are still being hit by wildcat strikes that have halted production.
The world’s fourth largest gold producer yesterday issued striking employees an ultimatum to return to work by tomorrow or be sacked, reports Reuters.
By this morning, 6,200 employees had returned to work at Beatrix shafts 1, 2 and 3, but the fourth shaft at the mine remained closed due to the strike.
About 2,800 employees at the Beatrix 4 Shaft, 11,000 at KDC West and 8,500 at KDC East are on illegal strikes, the company said.
The company has lost 65,000oz of gold production, or R1.2 billion in revenue so far, and the longer workers stay away, the greater the risk that the company will shut down struggling shafts, chief executive Nick Holland said.
Meanwhile, Village Main Reef says workers at its Blyvooruitzicht gold mine have suspended an illegal strike and returned to work on today after reaching an agreement with the company.
“Most of the Blyvoor employees have honoured the agreement, with 772 employees out of a complement of 941 reporting for the morning shift today,” the company said in a statement.
The company added that workers who did not report for work had until tomorrow to appeal their dismissals.
Source: Reuters Africa. For more information, click here.