Today's Labour News

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Sibanye StillwaterFin24 reports that Sibanye-Stillwater’s Kroondal platinum group metals (PGMs) mine has been hit by an underground sit-in by workers disgruntled over employee share option schemes.

Late on Tuesday, Sibanye advised that morning-shift employees and contractors initiated an illegal sit-in underground at Kwezi shaft of its Kroondal mine near Rustenberg on Monday morning. As of Tuesday evening, 211 employees remained underground. Operations at K6, another Kroondal shaft, were also disrupted during Monday’s night shift when 250 people gathered in a central waiting place on surface. The protest action comes after annual payments were made to beneficiaries of the Rustenburg and Marikana employee share option schemes (ESOPs) on 1 June. "The striking Kroondal employees are reportedly aggrieved to not have received ESOP payments, despite Kroondal employees not yet qualifying for any ESOP payments," Sibanye said in a statement. The mining company said standard protocols for resolving grievances had not been followed by employees in this instance, "with the action taken by these employees, potentially compromising the operations and the safety and wellbeing of employees involved in the sit-in".

  • Read the full original of the report in the above regard by Lisa Steyn at Fin24
  • Read too, More than 450 employees at Sibanye’s Kroondal PGM mine on second day of wildcat strike, at Daily Maverick


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