https://www.engineeringnews.co.za

Solidarity secures payment agreement for retrenched Lily mineworkers

25th May 2016

By: Anine Kilian

Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Trade union Solidarity on Wednesday reached an agreement with the business rescue practitioner regarding retrenchment packages to be paid out to those mineworkers at Vantage Gold Fields’ Lily mine, near Barberton, who had applied for them.
 
According to Solidarity general secretary Gideon du Plessis, the agreement stated that workers would receive salary payments until the end of May and that their salaries for the months of April and May would be paid out by no later than June 30.

The mine had been closed following a crown pillar collapse in February, with three workers still trapped in a container.

Workers who were trapped underground at the time of the mining accident but later rescued would receive a goodwill payment of R50 000 by July 30.
 
Du Plessis stated that R32-million was needed to pay the workers’ unpaid remuneration from February to May.

“Although this agreement may bring short-term relief for the workers applying for it, the poverty into which the workers have already been plunged could worsen if urgent funding cannot be found to pay the packages and all the unpaid salaries of the workers,” he warned.
 
He explained that initial funding of R200-million was needed to get the mine back into production by June 2017.
 
“Workers will receive 100% of all the unpaid money and concurrent creditors will receive 30c of every rand paid. Payment should take place by the end of May 2017,” he concluded.
 

Edited by Riaan de Lange

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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:0.085 0.141s - 156pq - 2rq
Subscribe Now