Today's Labour News

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lonminlogo thumb medium90 90Business Report writes that Mining Forum of SA, a non-profit organisation advocating for the rights of mining communities in North West, has decided to petition the North West High Court in order to block the Lonmin takeover by Sibanye-Stillwater.  

If successful, this would throw a spanner in the works of the proposed R5.1billion deal, which last week got a boost after the SA Reserve Bank cleared it.  The forum has been disaffected with Lonmin for a while over the platinum miner’s alleged failure to meet its socio-economic obligations.  The forum’s Blessings Ramoba said on Friday that the organisation wanted the court to revoke Lonmin’s mining licence for failing to implement social and labour plans between 2014 and this year.  Former mineral resources minister Mosebenzi Zwane suspended Lonmin’s licence in November last year, but the suspension was lifted three days later.  “We want the court to reinstate that suspension.  We want the court to put the sale on hold until Lonmin has fulfilled its obligations to the community in terms of the social and labour plans,” Ramoba said.  In his view, Lonmin was in breach of its statutory obligations in terms of the Mineral and Petroleum Development Act.


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