For Immediate Onsite or Remote Support

mining companies retrenchment

Mining: Retrenchment bloodbath continues

2020-1-22 · Mining: Retrenchment bloodbath continues. Solidarity admonishes the government and the Department of Mineral Resources and Energy to urgently intervene in the existing mining sector in order to avert further job losses. "Although companies cite decline in local and international commodity prices and continuous increase in cost of production ...Moolman mining clash with retrenched miners over ...2016-4-7 · The mine will be operated in an open pit method," he said. Selkirk mine was initially operated by TNMC as an underground mine and it is located 15 km from its Phoenix mine. It began operations in 1989. In 2002, the mine was put under care and maintenance due to the depletion of copper and nickel ores accessible for underground mining.

Mine bosses profit from ''vulnerable'' workers

2020-8-27 · Mining companies prefer to give these jobs to healthier, more productive workers. For years in the industry, one method of inadvertent, but de facto, retrenchment has been incapacitation: a weeding process by mining bosses. With Covid-19, this practice is augmented, with mining companies able to effectively bypass the formal retrenchment ...Mineworkers want protection from future BCL-style ...2021-12-10 · Mineworkers want protection from future BCL-style collapses. Eleven former BCL Mineworkers committed suicide in the years since its closure in 2016 and about 19 suffered civil imprisonment for ...

The Effects Of Mining To Communities: The Good And The ...

2018-5-10 · Mining is a lucrative business. It promises big profit margins for mining companies while providing employment opportunities for its employees. However, it cannot be all good. There is still bound to be an ugly side to mining that most …EMPLOYMENT LAW RETRENCHMENT GUIDELINE2022-1-12 · retrenchment consultations, an unfair dismissal dispute must still be referred to CCMA or bargaining council before the Labour Court will determine the unfair dismissal dispute. When does the 60-day consultation period commence? The 60-day period in any large-scale retrenchment commences once a notice in terms of s189(3) has been issued.

Forces shaping the future of mining and how to navigate ...

 · Historically, company valuations were based on the core metrics of expected production volumes, costs, commodity prices, currency exchange rates, size of reserves and quality of management. Increasingly, ESG factors are material considerations. Mining companies need to be able to engage their investors on ESG in a thoughtful manner.The Impact of COVID-19 on Employment In Mining2021-2-1 · and mining companies. Acknowledging that this crisis is unprecedented—and such events may occur in the future—the paper suggests additional measures governments and the mining industry, individually or collectively, could take to strengthen the resilience of employment in the sector moving forward. THE IMPACT OF COVID-19 ON EMPLOYMENT IN MINING

EMPLOYEES'' PERCEPTIONS OF THE EFFECTS OF …

2019-11-12 · retrenchment on job stress and organisational commitment in a mining company. The research methodology used in this study is a combination of a literature review and an empirical study. The probability sampling technique, which entails using simple random sampling, was used to select the sample of the study.Government against Mimosa retrenchment | The Chronicle2013-11-18 · THE Government is against Mimosa Mining Company''s proposed voluntary retrenchment exercise as it serves the mine''s selfish interests in South Africa, Midlands Minister of State for Provincial ...

Gold in Ghana: The effects of changes in large-scale mining o…

2020-10-12 · Retrenchment is a major issue for the Southern African mining industry.! Economics and safety necessitate a switch from labour to equipment! South Africa alone retrenchment of over 100,000 mineworkers in past decade removing over R50,000,000 from local economies. For many this was their only cash economy.! Has caused huge social and economic ...Mining companies on mass retrenchment drive - NUM ...NUM statement declares war on the current retrenchments waged by the Mining Industry. 04 June 2015. 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.

Mantashe orders mining companies to withdraw …

2020-5-19 · Mantashe orders mining companies to withdraw retrenchment letters. Tuesday 19 May 2020 - 12:00pm Government is calling on the mining industry to protect workers. At least 19 miners at the Implats ...Samancor Chrome, Glencore serve Numsa with …2020-1-24 · Trade Union, Numsa has received retrenchment notices from mining companies, Samancor Chrome and Glencore. Both companies cited high electricity costs, power supply problems, as well as financial ...

Retrenchments hit gold mining industry

2015-5-31 · Currently, 31 percent of companies in the gold industry and 45 percent of platinum companies, are loss making. As a result, at least three companies across the …Impala Platinum Mine workers face retrenchment - SABC …2018-7-15 · 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 …

mining companies to withdraw retrenchment letters News …

mining companies to withdraw retrenchment letters - Celebrity gossip and the latest news, South Africas top best scandals here on Sa411 from Mzansi actors, Political figures, Celebs, Radio presenter and Sport Stars.Retrenchment and restructuring – labour and community ...2011-2-16 · Where retrenchment plans are required by law clients should ensure that the retrenchment plan is in line with regulatory requirements. ... While the closure or radical restructuring of a plant, mine or other workplace has drastic impacts for the employees in that workplace, there will also be a major impact on the ... company • Food security ...

These 10 companies have cut the most jobs in South Africa

2016-4-26 · Employees in the mining industry are hit hardest with 36 companies that have been engaged in retrenchments during the past year, and with …Australian Mining Stocks: The 3 Best InvestmentsNewcrest Mining is Australia''s biggest gold miner, with operations in the Asia Pacific and West Africa. It uses a variety of efficient mining methods for large ore bodies. The company projects 2.4 million ounces of gold production this year. …

Moolman mining clash with retrenched miners over ...

2016-4-7 · Moolman Mining which is one of the largest surface mining contractors in Africa, announced the closure of its operations at Tati Nickel Mining Company (TNMC) early this year due to failure to secure and extend another mining contract. Its contract with TNMC ended in December 2015.Mining: Retrenchment bloodbath continues - Solidariteit ...2020-1-22 · Mining: Retrenchment bloodbath continues. Solidarity admonishes the government and the Department of Mineral Resources and Energy to urgently intervene in the existing mining sector in order to avert further job losses. "Although companies cite decline in local and international commodity prices and continuous increase in cost of production ...

Sibanye-Stillwater begins retrenchment ...

2019-2-14 · Sibanye-Stillwater begins retrenchment consultations. Sibanye-Stillwater (JSE:SGL) could retrench over 6,000 people as it looks to restructure its Beatrix and Driefontein gold operations in South ...Mine bosses profit from ''vulnerable'' workers - New Frame2020-8-27 · Mining companies prefer to give these jobs to healthier, more productive workers. For years in the industry, one method of inadvertent, but de facto, retrenchment has been incapacitation: a weeding process by mining …

Mineworkers want protection from future BCL-style ...

2021-12-10 · Mineworkers want protection from future BCL-style collapses. Eleven former BCL Mineworkers committed suicide in the years since its closure in 2016 and about 19 suffered civil imprisonment for .. come Tax (1981) Income Tax Act 24 of 1981 (Annotated)2015-7-30 · a company ending on or after 1 July 1985" ... increase the exemption from tax on a lump sum derived on retirement or retrenchment; to delete allowable deductions to mining companies in respect of rehabilitation expenditure; to provide for the administration of

Zambia : Retrenchment fear grips miners on the Copperbelt

2008-11-25 · Fear and anxiety has gripped miners on the Copperbelt province following the decision by some mining companies to cut jobs due to the decline in Copper price that has drop by over 50 per cent at ...These 10 companies have cut the most jobs in South Africa2016-4-26 · Employees in the mining industry are hit hardest with 36 companies that have been engaged in retrenchments during the past year, and with …

Forces shaping the future of mining and how to navigate ...

 · Historically, company valuations were based on the core metrics of expected production volumes, costs, commodity prices, currency exchange rates, size of reserves and quality of management. Increasingly, ESG factors are material considerations. Mining companies need to be able to engage their investors on ESG in a thoughtful manner.Mineworkers want protection from future BCL-style ...2021-12-10 · Mineworkers want protection from future BCL-style collapses. Eleven former BCL Mineworkers committed suicide in the years since its closure in 2016 and about 19 suffered civil imprisonment for ...