Today's Labour News

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implatsheadgear smlBloomberg News reports that South African mining firms, including Anglo American, are preparing a billion rand settlement with as many as 100,000 former workers who suffer from debilitating and deadly lung diseases caused by exposure to dust from working underground.  

Anglo has set aside $101m (R1.3bn) in preparation for a potential settlement, while Gold Fields expects to pay about $30m (R388m) to end a class action lawsuit, the companies said in separate statements on Thursday.  AngloGold Ashanti, Sibanye Gold and Harmony Gold are among 32 respondents named in the suit, which would be the country’s biggest class action.  Richard Spoor, a lawyer representing claimants, indicated:  “Significant progress has been made towards a settlement, such that companies are feeling comfortable enough to quantify their liabilities.  It’s still a process but I’m fairly optimistic we will be able to conclude something within the course of this year.”  A settlement would bring an end to almost a decade-long fight to compensate the hundreds of thousands of mine workers who contracted silicosis.

  • Read this report by Kevin Crowley in full at Fin24

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