Lonmin dismisses ‘job cuts’ reports as speculation

2014-08-26 17:22

Lonmin’s board has dismissed reports that it will retrench workers at its mines in Marikana, near Rustenburg, North West.

“The board has noted recent press speculation which is entirely without foundation,” said company spokesperson Sue Vey today.

She said no decision had been made about the extent of any restructuring.

“Lonmin’s immediate focus following the five-month strike is to achieve a safe ramp-up of production in order to rebuild the business and restore profitability.”

The ramp-up was progressing well and the market would be updated in due course.

The trade union Uasa today said it was irresponsible and premature to report that Lonmin had decided on cut jobs.

“Sensation-seeking statements in the aftermath of the recent history is very irresponsible since it could easily ignite labour unrest again,” cautioned spokesperson Andre Venter.

He said the company needed to be given enough time to return to full operation after the strike.

“Only when full production levels are achieved will mine management be able to conduct a due diligence exercise to determine whether or not a full-blown restructuring exercise will be required.”

Yesterday, trade unions said they were not aware of job cuts at Lonmin mines.

Solidarity general secretary Gideon du Plessis said the union was not surprised by reports that Lonmin planned to fire 5 700 workers.

“We were told during negotiations that retrenchments are imminent. The company has not formally consulted with us with its plan to cut jobs. We only picked it up on the news,” he said.

The dominant union at Lonmin, the Association of Mineworkers and Construction Union (Amcu), said it was not aware of the planned job cuts.

The National Union of Mineworkers (NUM) said: “We have not been consulted about it. There has not been formal engagement.”

NUM general secretary Frans Baleni said retrenchments might be triggered by the long platinum sector strike.

Amcu members at Lonmin, Anglo American Platinum and Impala Platinum downed tools on January 23, demanding a basic monthly salary of R12 500.

The strike ended on June 24 when they accepted a three-year wage deal that will increase salaries by R1 000 in the first and second year of the agreement, and R950 in the third year.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.