Today's Labour News

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goldfieldsMiningmx reports that following the issuing of retrenchment letters by Gold Fields to just over 1,200 employees at its South Deep mine on Wednesday, the National Union of Mineworkers (NUM) served notice of a strike at the mine from Friday, 2 November.  

The group said it might have to temporarily stop mining if the safety of employees was in question.  The NUM represents roughly 80% of the mine’s total workforce.  Gold Fields CEO Nick Holland indicated in a statement:  “The restructuring will help to reduce the risk of continuing operating losses and consolidates the current mining operations as a first step to building a sustainable, long-term operation.  Unfortunately, the retrenchments and the reduction in contractor numbers have become essential to ensure this and save the remaining 3,500 jobs.”  This latest restructuring was announced on 14 August.  Commenting on the looming strike, Gold Fields said that consultations with the NUM, as well as with Uasa, had been “extensive” and included an offer of voluntary severance packages, which had been taken up by 177 employees.  “Despite these efforts South Deep still has to reduce its workforce by approximately 1,100 staff members and retrenchment letters were sent to these employees on 31 October 2018.  In addition, the mine will reduce the number of contractors by approximately 420 people,” the gold producer indicated.

  • Read this report by David McKay in full at Miningmx
  • See too a short report at Moneyweb

Get other news reports at the SA Labour News home page