https://www.miningweekly.com

Samancor warns of job cuts

5th February 2016

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – The low chrome ore price has forced Samancor Chrome to consider job cuts, which could affect as many as 280 employees, Solidarity said on Friday.

“Despite the implementation of several measures at all our business units, the . . . decrease of the ferrochrome market price has forced us to issue a Section 189 notice today to all the recognised unions representing staff across all operations and corporate offices,” the company said in an earlier statement.

It had previously sought to cut costs through the reduction of overtime, placing a moratorium on recruitment and the discontinuance of contractors, to no avail.

This would affect all three of Samancor Chrome’s smelters in Emalahleni (Witbank), Middelburg and Steelpoort.

Solidarity metals industry deputy general secretary Marius Croucamp said that, although the union understood the many challenges facing the company, and the consequent impact this has on its profitability, it was “extremely concerned” about the possibility of job losses.
 
“It remains our first priority as a trade union to protect our members’ jobs and at consultations with the employer we’ll put forward proposals for all alternatives other than retrenchments to find a solution to the challenges.

The embattled company said it would start the consultation process with unions shortly, stressing that all options would be explored to mitigate the current situation.

Samancor employed 6 221 employees.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

Ironveld smelter
Ironveld ramp-up slower than expected
28th March 2024 By: Darren Parker

Showroom

Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.15 0.183s - 92pq - 2rq
Subscribe Now