mining companies retrenchment

NUM MEDIA RELEASE ON RETRENCHMENTS - Google Groups

Jul 31, 2017· The proposed retrenchments in the mining industry raise a lot of questions around whether this is a justifiable action given the huge profits experienced by mining companies through the years and whether mines are being socially responsible by resorting to short term solutions.

Impala Platinum Mine workers face retrenchment - SABC News ...

Jul 15, 2018· Another round of retrenchment at platinum mines in Rustenburg in the North West is on the cards – with Impala Platinum Mine announcing that it's reviewing its workforce.. The world second biggest miner, which employs more than 30 000 workers, …

ACACIA

From mining to exploring, learn what we do Our culture We are driving a high performing organisation At a glance An introduction to Acacia and our operations Our strategy Four key pillars underpin our approach to mining ...

4,000 Mining Workers To Face Retrenchment | News Ghana

About 4,000 mine workers are to be retrenched by mining companies because of high operational cost and falling prices of gold on the world market. According to the Chief Executive of the Chamber ...

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Mining Industry Retrenchment - pubs.iied.org

mining industry!Major restructuring and modernization was required to achieve sustainable profitability!Retrenchment of 2560 workers (July–Oct 1999)!Retrenchment was contested by local union!August 1999 Care project was initiated as part of the company's Social Plan Background & History

Good Practice Note Managing Retrenchment - IFC

result in better outcomes for the company, its employees, and the wider community. This note contains a range of good practice measures that can help companies think through the key issues, avoid common pitfalls and hidden problems, and design a comprehensive retrenchment plan. The development of such a plan is a requirement for

Sibanye mine warns of more retrenchments - SABC News ...

Nov 13, 2018· Mining company Sibanye has defended its decision to retrench over 12 000 workers saying it's part of its process to merge with Lonmin.. In its submission to the Competition Tribunal, Sibanye has warned that more jobs could be lost if the merger is not approved. Lawyers representing Sibanye have appealed to the Competition Tribunal to approve the merger in order to save cash …

Mass mining retrenchments a blow for SA's stagnant economy

Jul 28, 2015· Mass mining retrenchments a blow for SA's stagnant economy ... "Those companies who have already announced possible retrenchments are called upon to review their plans and avoid massive job losses ...

8,500 AngloGold workers may face retrenchment as mine ...

8,500 AngloGold workers may face retrenchment as mine, unions begin talks. The company which employs 28,000 people, said the retrenchment is part of the restructuring of the company's production ...

Mining Industry Press Releases - EIN Presswire - Press ...

Jun 24, 2019· Comstock Mining Advances Realignment; Approves Joint Venture. IA CITY, Nev., June 20, 2019 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the "Company") (NYSE American: LODE) today announced progress on a number of strategic initiatives and corporate activities. Corporate Realignment During the first quarter of …

Retrenchment in Malaysia: Employer's Right? - AMCO

reorganization and downsizing exercise made by the company to minimize losses. In the event the issue of retrenchment is referred to the Industrial Court, it will generally look at the following issues: (a) whether the retrenchment was justified, that is by looking at the circumstances of the case;

What companies should consider before retrenchment - CNBC ...

Sep 05, 2017· Voluntary retrenchment is also a good way of reinvigorating the workforce because those who are no longer aligned with the company's mission or values are more likely to …

Govt questions Mines's retrenchment of workers when Copper ...

He questioned why companies in Zambia have rushed to retrenching workers even when copper prices were currently going for US$4, 000 per tonne, which was way above the US$2, 500 which the mining ...

TUC 'horrified' by 'heartless' Gold Fields retrenchment of ...

Dec 22, 2017· The proposed retrenchment by Gold Fields is, therefore, a demonstration of bad faith and is in breach of the mining Development Agreement the Company signed with the …

Retrenched gold miners caught in a Catch-22 | News ...

The retrenchment agreement signed between Evander Gold Mines and the NUM stipulates if there is still work to be done in the mine after the retrenchment, the company would use retrenched workers ...

Mining Companies advised to slow down Retrenchment ...

Retrenchment exercises. AngloGold Ashanti recently confirmed that 3,100 employees of the company had been retrenched over the last two years. Newmont Ghana Gold Limited as well as other mining companies also laid off a lot of mine workers early this year.

Sibanye-Stillwater begins retrenchment consultations ...

Recognising outstanding companies and individuals within the mining and investment communities register now. ResourceStocks Sydney 2019 ... Sibanye-Stillwater begins retrenchment consultations .

Home - Sibanye-Stillwater

Recommended all-share offer for Lonmin by Sibanye-Stillwater: Cancellation of listing and trading of Lonmin Shares on 28 June 2019. Further to the announcements made by Lonmin on 7 June 2019 regarding the sanction of the Scheme by the Court and the Scheme having become Effective, and the announcement made by Lonmin on 10 June 2019 regarding the suspension of listing and trading of …

Mining companies on mass retrenchment drive - NUM - NEWS ...

The National Union Mineworkers (NUM) is concerned by the current coordinated mass retrenchment drive by major companies in the mining industry, this with underlying deliberate circumvention of current regulatory framework as stipulated by Section 52 of the MPRDA 2002. Which states the following ...

retrenchments - Mail & Guardian

The Mail & Guardian Online is South Africa's oldest quality news source on the web and Africa's first online newspaper.

Effects of retrenchment on the motivation and loyalty of ...

The purpose of the study was to investigate the effects of retrenchment on the motivation and loyalty of surviving employees of Telkom Kenya Limited. The objectives of the study were: 1. To identify how the motivational levels of employees have been affected by retrenchment process. 2.

Mining workers held protests over retrenchment by Chowgule ...

Sep 11, 2018· Short Summary Workers demand reversal of retrenchment 300 odd mining workers participate in the demonstration Navin Jha/Goa Spotlight VASCO: United Mine Workers' Union affiliated to the Goa Rajya Kamgar Mahasangh held protests today against the action of Chowgule Mining Company to retrench over 350 workers. During the demonstrations held at Vasco on Tuesday …

NUM preparing to fight as retrenchment toll rises | Fin24

Jul 31, 2017· Johannesburg - The National Union of Mineworkers (NUM) is gearing up for a fight against both mining companies and the government, amid increasing retrenchments and growing rifts between management and workers at South Africa's mines. At a press conference on Monday the labour union bemoaned the ...

The proposed retrenchments in the mining industry raises …

The proposed retrenchments in the mining industry raises a lot of questions around whether this is a justifiable action given the huge profits experienced by the mining companies through the years and whether mines are being socially responsible by resorting to short-term cost savings. John

These 10 companies have cut the most jobs in South Africa

Apr 26, 2016· These 10 companies have cut the most jobs in South Africa ... Employees in the mining industry are hit hardest with 36 companies that have been engaged in …

CHAPTER 9 LOCAL COMMUNITIES AND MINES

between mining companies and local communities. A consequence is the potential for mining companies to wield too much power in the local context.Traditional cultures may have difficulty coping with vast industrial operations and the influx of outsiders.A growing appreciation of the intrinsic value of …

Retrenching 8 500 SA workers will cost AngloGold R625m | Fin24

Retrenching 8 500 SA workers will cost AngloGold R625m Aug 01 2017 14:52. Matthew le Cordeur and Yolandi Groenewald ... "We will fight tooth and nail with the necessary vigour against these mining companies," said NUM general secretary Kolekile Sipunzi. ... Get Fin24's top morning business news and opinions in your inbox.

Mining companies on mass retrenchment drive - Politicsweb

The National Union Mineworkers (NUM) is concerned by the current coordinated mass retrenchment drive by major companies in the mining industry, this with underlying deliberate circumvention of current regulatory framework as stipulated by Section 52 of the MPRDA 2002. Which states the following ...

Amcu vows to fight job losses in mining industry | eNCA

Aug 10, 2017· Mining companies have recently announced that they would be retrenching ... Amcu vows to fight job losses in mining industry ... "While Amcu is actively engaging in these retrenchment …