Today's Labour News

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protestMiningmx reports that according to Mike Fraser of South32, protests in Mpumalanga province were likely to remain a feature of the coal industry for the foreseeable future.  

“It’s still very fractious.  We do expect the protests to continue,” said Fraser, who was commenting following the announcement that South32 had agreed a binding, conditional offer to sell its thermal coal unit to Seriti Resources.  The Minerals Council SA (previously known as the Chamber of Mines) said earlier this year that coal miners had lost millions of rands in revenue as a result of mine stoppages following community-related protests.  The lack of support from the police has also been criticised by the Council.  Fraser said this remained a problem, specifically with another consequence of community disaffection which manifested in illegal mining of coal dumps.  On 11 October, several hundred demonstrators marched on South32’s Johannesburg corporate office wearing tee-shirts bearing the words ‘Seriti is the new Guptas’.  The controversial Gupta family has been accused of mismanaging the Optimum and Koornfontein coal mines, which are now in business rescue.  Fraser said protests of that type were typical of the different interests competing for air time in the country’s coal sector.

  • Read the full original of the report in the above regard by David McKay at Miningmx


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