https://www.engineeringnews.co.za

Sibanye secures interdict against illegal strike at Kroondal ops

27th May 2016

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

TORONTO (miningweekly.com) – NYSE- and JSE-listed precious metals miner Sibanye Gold has been granted an interdict against a strike called at its Kroondal platinum operations, in South Africa, by the Association of Mineworkers and Construction Union (AMCU).

The South African Labour Court on Friday declared any strike action by AMCU relating to the transport issues raised, unlawful and unprotected.

In terms of the judgment, AMCU may not participate in, incite or otherwise encourage any Kroondal employees to embark on unprotected strike action under the strike notice it issued earlier on Friday. The court ordered AMCU to suspend any strike action undertaken by its members.

“Sibanye is pleased with the ruling made by the Labour Court today. Kroondal management has been engaging with AMCU on this issue in good faith since January 2016. We will continue to engage with AMCU in order to find a workable solution,” stated Sibanye CEO of platinum operations Jean Nel.

Workers on Friday downed tools reportedly in protest over the appointment of a bus contractor.

The Kroondal mine is owned by Sibanye Gold, which acquired the asset through its buyout of Aquarius Platinum earlier this year. The mine was part of Sibanye’s Platinum division.

Sibanye's equity trading on the NYSE on Friday afternoon lost nearly 3% of its value to $11.54 apiece.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

Latest Multimedia

Magazine video image
Magazine round up | 29 March 2024
Updated 1 hour 6 minutes ago

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.075 0.126s - 156pq - 2rq
Subscribe Now