Today's Labour News

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Sibanye StillwaterANA reports that precious metals producer Sibanye-Stillwater said last week that it would "vigorously defend" itself against a possible lawsuit in the United States over deaths of mineworkers at its operations in SA.  

"The company notes the publicity and, if any claims are ultimately filed against the company intends to vigorously defend itself.  We will continue to monitor developments closely," Sibanye said in a statement.  This came after a US law firm Bernstein Liebhard on Thursday filed a class action lawsuit against Sibanye on behalf of shareholders to recover their losses following a sharp decline in its share price after a spate of fatalities at its mines.  Bernstein Liebhard said in a statement that the suit would deal with "misleading statements" Sibanye made.  The producer has had 21 fatalities on its operations in 2018, almost half the total in SA’s mining industry.

  • Read the original of this report at eNCA
  • Read the company’s press statement at Moneyweb


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