https://www.engineeringnews.co.za
Africa|Business|Cable|Cutting|Iron Ore|Logistics|Mining|Ports|rail|Transnet|transport|Operations
Africa|Business|Cable|Cutting|Iron Ore|Logistics|Mining|Ports|rail|Transnet|transport|Operations
africa|business|cable|cutting|iron-ore|logistics|mining|ports|rail|transnet|transport|operations

Anglo American cutting head office jobs in several countries

4th October 2023

By: Reuters

  

Font size: - +

Anglo American said it is cutting corporate office jobs across several countries, as unions said its South African iron-ore business plans to lay off scores of workers at its head office.

The global mining giant had started reorganising its operations in May, a spokesperson told Reuters on Wednesday.

"We expect a potential reduction in corporate office roles across a number of countries," the spokesperson added, without giving further details of the size or location of the cuts.

Livhuwani Mammburu, spokesperson for the National Union of Mineworkers, earlier told Reuters that Anglo's Kumba Iron Ore plans to cut 183 jobs, mostly at its head office, as it faces challenges in moving sufficient volumes to ports as a result of rail constraints in South Africa.

The job cuts could be pared back to about 141 if the restructuring plan is successful, Mammburu said, adding the labour group opposed the plans.

"Kumba said it's embarking on a restructuring and the main reasons they are giving is they are not able to transport more iron ore to the port due to the problems with Transnet," Mammburu said, referring to the state-owned logistics company.

The miner's iron ore exports have been throttled by frequent disruptions, often caused by locust swarms, on the rail line operated by Transnet. The disruptions have recently been worsened by cable thefts and derailments.

As a result, Kumba has been forced to stockpile more iron ore at mines. Kumba's profit in the six months through June fell by 17% due to the rail challenges and softer prices.

Edited by Reuters

Comments

Latest News

Former Finance Minister Tito Mboweni
Former finance minister Tito Mboweni dies at 65
Updated 1 hour 25 minutes ago By: Reuters

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Terence Creamer
The NTCSA officially launched
11th October 2024 By: Creamer Media Reporter
Magazine round up | 11 October 2024
Magazine round up | 11 October 2024
11th October 2024

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:0.781 0.842s - 288pq - 2rq
Subscribe Now