Mining companies take on Amcu to prevent secondary strike
With just hours left, 10 mining companies will seek an urgent interdict against Amcu's secondary strike that could cost up to R789m a day in lost revenue.
Facing an estimated revenue loss of R789m a day, 10 mining companies will argue in the Labour Court on Wednesday for an urgent interdict to prevent a secondary strike at their operations by the Association of Mineworkers and Construction Union (Amcu). The potential size of the daily loss combined with R300m in lost employee earnings each day of the seven-day secondary strike called by Amcu in support of a protracted strike by its members at Sibanye-Stillwater’s gold mine is likely to form part of arguments in favour of the court granting an urgent interdict. The losses calculated by Minerals Council SA chief economist Henk Langenhoven show the damaging impact of the secondary strike at gold and platinum companies unrelated to Sibanye in any way as well as Glencore Alloys, Tharisa Minerals and Tshipi é Ntle Manganese Mining. Hearings due for Tuesday were rolled over to Wednesday, just hours ahead of the strike called to start on the evening of February 28. Amcu had served secondary s...
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