This 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.
City Press reports that hundreds of people stand to be employed at the Lily and Barbrook mines, which due to resume operating 15 months after they were forced to shut down because of financial distress.
This will be thanks to a merger between the two sister mines’ proprietor, Vantage Goldfields, and Canadian company Galane Gold. Lily Mine employed 900 workers, while Barbrook employed 100 before the operations were mothballed. The mines were put under business rescue last year and it has been a struggle to raise R300 million in investment to restart operations and also retrieve the remains of three workers who were buried when the entrance of Lily Mine collapsed in February last year. According to business rescue practitioner Rob Devereux, Vantage Goldfields and Galane have signed a letter of intent and have until 16 June to sort out outstanding issues pertaining to the merger. The companies will merge into a bigger group and shareholding will be 50-50.
- Read this report by Sizwe Sama Yende in full at City Press
- Read the report in Afrikaans at Netwerk24 (limit on access)
Get other news reports at the SA Labour News home page