Today's Labour News

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coalMiningmx reports that Aubrey Chauke, COO of Lurco Group, a privately-held coal miner, has noted that jobs were at risk in SA’s coal sector owing to difficult trading conditions in export markets and unattractive regulatory prospects domestically.  

He warned that 100,000 jobs might be lost by 2030 if coal was less preferred than other energy sources in the SA government’s energy blueprint, the Integrated Resource Plan (IRP).  The IRP is due to be submitted to Cabinet by mines and energy minister, Gwede Mantashe, this month.  According to the Minerals Council SA (previously called the Chamber of Mines), the coal industry contributed R130bn to the economy annually and was responsible for about 86,000 direct jobs and 170,000 more in adjacent industries.  “Despite coal’s contribution to the economy in past years, the sector is under attack on several fronts, reflecting a global shift away from coal towards gas and renewables.  While there is no question about the need to move towards cleaner energy sources, the wholesale rejection of a coal sector that has kept — and continues to keep — the lights on is alarming,” said Chauke.

  • Read the full original of the above report by David McKay at Miningmx


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