Today's Labour News

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FronemanBusiness Times writes that according to Neal Froneman, CEO of gold and platinum miner Sibanye-Stillwater, the outcome of its three-month standoff with the Association of Mineworkers and Construction Union (Amcu) at its three gold mines will have significant consequences for the local mining industry.  

"Caving in to their demands would be catastrophic in the bigger picture," he reckons.  Speaking to Business Times shortly after minister of mines Gwede Mantashe told the Mining Indaba in Cape Town last week that SA was a safe venue for mining investments, Froneman said that the Labour Relations Act gave the lie to this.  In his view, it afforded unions like Amcu that used violence and intimidation an unfair advantage over companies like Sibanye.  The current strike on the producer’s gold mines was both the time and the place to "reset relationships in a more balanced manner" for the good of the industry, Froneman stated.  Amcu embarked on a no-work-no-pay strike at Sibanye's three gold mines in November, demanding a R1,000-a-month increase.  Amcu has reportedly used violence and intimidation to enforce the strike, and Amcu president Joseph Mathunjwa has threatened to spread it to Sibanye's platinum mines.  Froneman claimed Amcu's real agenda was to prevent Sibanye's planned takeover of Lonmin later this year.  The union has appealed against the Competition Tribunal's approval of the takeover.  Now was the time to "reset" relationships with unions in a more balanced manner, Froneman opined.

  • Read Chris Barron’s report in the above regard in full at BL Premium (paywall access only)

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