Business Report writes that Pan African Resources (PAR) said on Monday that the R40 million refurbishments of underground shafts at subsidiary Evander Gold Mines in Mpumalanga would be completed this weekend.
The company in February announced the suspension of underground operations at Evander to allow for the refurbishment and maintenance of Evander’s 7 and 8 shaft infrastructure. Last month, PAR announced that it had reached an agreement with the National Union of Mineworkers (NUM) to retrench 976 (30%) of Evander’s employees at an estimated cost of R54 million as a result of the refurbishment. The company said the retrenchment of the 976 workers at Evander was progressing and was due to be completed within a month. The NUM and the company signed the retrenchment agreement after facilitation by the CCMA. At the time, the NUM said it had agreed to the agreement as such a move would prevent the closure of the mine, which would have affected more than 2,000 employees.
- Read this report by Siseko Njobeni in full at Business Report
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