Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

MantasheMining Weekly reports that Mineral Resources Minister Gwede Mantashe on Wednesday officially handed over a 50% shareholding held by mining company Exxaro in the Arnot coal mine, in Middleburg, Mpumalanga, to former Arnot Coal employees.  

In a statement on Tuesday, the Department of Mineral Resources highlighted the handover as an industry milestone towards the inclusion of workers as meaningful stakeholders, as enshrined in the Mining Charter that came into effect in 2018.  A Section 11 approval in terms of the Mineral and Petroleum Resources Development Act was granted by the department last week and will result in 50% of the Arnot mine being owned by the former Exxaro employees.  The balance will be owned by Wescoal.  The former employees and mineworkers will reopen the mine and supply coal to power utility Eskom.

Get other news reports at the SA Labour News home page