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Miningmx reports that Sibanye-Stillwater was the first of SA’s mining companies to follow in the steps of President Cyril Ramaphosa by donating a third of its executive team’s salaries to the Covid-19 Solidarity Fund.
The fund was established by Ramaphosa to help combat Covid-19 and to provide economic support to people most heavily affected by it. Sibanye’s donations, which will include that of the group’s CEO Neal Froneman, will take place for the next three months. The decision to make the contribution was unanimous, the company said. It also said it had received approval for resumption of limited operations at its SA gold and platinum group metal (PGM) mines from 14 April “subject to the implementation of agreed protocols to address Covid-19 related health and safety risks”. The mines had been placed on care and maintenance from 25 March in line with the government’s decision to implement a 21-day lockdown in an effort to stop the spread of Covid-19. On 9 April, the lockdown was extended by another two weeks. The company employs about 80,000 people at its PGM and gold operations in SA. Details of how the SA mining sector is likely to emerge from the lockdown are due in the coming week.
- Read the full original of the report in the above regard by David McKay at Miningmx
- Read too, Sibanye-Stillwater says it can resume limited mining in SA, at Moneyweb
Get other news reports at the SA Labour News home page