Implats sacks 13 000 striking workers

Impala Platinum has dismissed 13 000 employees, bringing to 17 200 those sacked since the start of a labour dispute almost two weeks ago.

Impala Platinum, the world’s second largest platinum producer, said on Thursday that it had dismissed 13 000 employees, bringing to 17 200 those sacked since the start of a labour dispute almost two weeks ago.

Workers were given until Wednesday to return to work at its Rustenburg operations or face dismissal.

A process of rehiring, which could give the fired workers a chance to reapply for their jobs, would be “undertaken in due course”, the company said in a statement.

The stoppage is costing Implats 3 000 platinum ounces a day in lost production.

The dispute centres on retention bonuses awarded to only part of the workforce. The latest round of dismissals follows the firing of drill operators who initiated a stay-away a fortnight ago that was declared illegal by a court.

The National Union of Mineworkers (NUM) said it was disappointed that the company had resorted to firing-and-rehiring.

Intimidation
NUM spokesperson Lesiba Seshoka said the process of rehiring took a long time and the longer it took, the harder the operations would be hit.

The trade union believes that many of those dismissed were not on strike but prevented from reporting for work due to intimidation.

“Workers could simply not get to work safely,” he said.

Safety stoppages have also hit platinum output across the sector in South Africa, which accounts for about 80% of the global supply of the precious metal.

Platinum’s spot price is up over 15% since the start of the year to over $1 600 an ounce.

Implats’ share price was down 2.4% at 12:54 GMT, underperforming the benchmark top 40 index, which was 0.7% higher.—Reuters

.

Comments

blog comments powered by Disqus

Connect

  • twitter
  • facebook
  • RSS
  • alerts
  • mobile
 

Join Up

Get the M&G in your inbox

 

Sponsored Press Releases

mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions
Delivering business value by evolving to straight-through processing
DST Global Solutions
MTN highest ranked on the continent in BrandZ Top 100 Most Valuable Global Brands
MTN