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More Than 25% of Miners Reemployed at Implats Project

Investing News Network
Feb. 15, 2012 12:46PM PST
Precious Metals Investing

Mining Weekly reported 4,617 of the 17,200 miners laid off in a mining dispute have been reemployed at Impala Platinum’s (JSE:IMP) Rustenberg mine.

Mining Weekly reported 4,617 of the 17,200 miners laid off in a mining dispute have been reemployed at Impala Platinum’s (JSE:IMP) Rustenberg mine.

As quoted in the market news:

The illegal industrial action started when 5 000 rock drill operators (RDOs) demanded a 50% wage increase, refusing to make use of official communication channels with management and instead embarked on illegal industrial action, which led to the dismissal of these workers.

Implats offered re-employment to these employees, and by January 27, about 700 dismissed RDOs had been re-employed and were due to start work the following day.

Click here to read the full Mining Weekly report.

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