Thursday , August 11 2022

South Africa mining strike to spread to at least 15 companies – Advice Menerals



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The council, representing the mining companies, said it was "very worried" about the potential consequences of the strike, especially in the gold and platinum sectors.

"It is unacceptable that AMCU would call for secondary strikes in an industry that is already at risk," said Roger Baxter, Chief Executive of the Minerals Council, in a statement.

"Workers and their families, and indeed the whole country, stand to lose so much if the secondary strikes happen."

The strikes add to the challenges faced by President Cyril Ramaphosa, whose efforts to regenerate anemic economy before the national elections in May have been complicated by a financial crisis in Eskom.

South Africa is home to the world's largest platinum group deposits and accounts for just over 90 percent of global production.

The mining companies considered the warnings and promised "everything in their power" to stop a strike, including legal action, the council said in the statement.

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