Company Announcement: Tri-Partite Announcement on Anglo American Platinum Restructuring Proposals
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The Tri-partite and organised labour, chaired by the Department of Mineral Resources, met on Thursday, to explore mechanisms of engagement on Amplats’ restructuring proposals. This followed the meeting held between the Minister of Mineral Resources and Amplats on 17 January 2013, in which constructive discussions were held and a commitment made to engage positively on Amplats’ restructuring proposals.
At the meeting of the 28 January parties resolved to:
• postpone the continuation of the Section 189 process under the Labour Relations Act, that had commenced on 15 January 2013, in order to allow for a detailed consultation process to take place between the DMR, Amplats and organised labour;
• expedite the consultation process and take no more than 60 days, beginning 30 January 2013.
The tripartite members re-committed to engage constructively for the benefit of all stakeholders and will communicate progress updates as and when appropriate.
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