Atlatsa Platinum Miners Strike

Atlatsa Resources Corporation (TSXV:ATL,NYSE:ATL,JSE:ATL) announced employees at the Bokoni platinum mines are on strike.

As quoted in the press release:

Attendance at the mine is currently below 20%.

The mine’s representative unions – NUM, TAWUSA and UASA – have tried to address all of their members unsuccessfully.

Bokoni has an existing agreement in place regarding conditions of employment, including wages, effective up until 30 June, 2013. Bokoni management has indicated that it will not negotiate any issues outside of formal bargaining structures and encourages employees to work through these channels.

Click here to read the Atlatsa Resources Corporation (TSXV:ATL) press release.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Platinum Report Cover small 

Get Our Expert Guide to Platinum Investing FREE!

  Download this FREE Special Report, Why Invest in Platinum Stocks? What the Future Could Hold for Lonmin, the AMCU and South African Platinum Production.

Leave a Reply