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    manganese investing

    Manganese Mineworkers Urged to Return to Work at Hotazel Mine in South Africa

    Kristen Moran
    Apr. 02, 2015 04:00PM PST
    Battery Metals Investing

    Mining Weekly reported that mineworkers at the BHP Billiton-managed Hotazel manganese mine in South Africa were urged to return to work in compliance with a court order that called the strike illegal and unprotected.

    Mining Weekly reported that mineworkers at the BHP Billiton-managed Hotazel manganese mine in South Africa were urged to return to work in compliance with a court order that called the strike illegal and unprotected.

    As quoted in the market news:

    BHP Billiton said in a media release sent to Creamer Media’s Mining Weekly Online that workers had been away since March 27, following a prolonged engagement with the National Union of Mineworkers (NUM) over claims arising from an employee share ownership scheme.

    Despite a one-off financial settlement to resolve the matter and the launching of a new Esop – which resulted in employees receiving three dividends to date, with the fourth one due this month – NUM still opted to take the matter to the Council for Conciliation, Mediation and Arbitration, which ruled in the company’s favour.

    Click here to read the full Mining Weekly report.

    manganese investingmanganese mine
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