https://www.miningweekly.com

Sibanye starts Section 189 support staff consultations

15th August 2013

By: Creamer Media Reporter

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Dual-listed Sibanye Gold on Thursday issued Section 189 notices to employees in the group’s support services functions, as part of a proposal to retrench up to 1 600 workers.

The gold miner warned on Tuesday, at the presentation of its interim results, that it would shed further jobs through “rightsizing” the organisation, as it continues the restructure that has enabled the group to bounce back from a subpar performance during the second half of 2012.

“The reorganisation of the group’s support services is necessary in order to align with the service requirements of the mining and metallurgical operating units and contribute to a sustainable production profile,” Sibanye said in a statement.

It added that merging regional, corporate and mine support services into a consolidated, centralised function would realise economies of scale that would improve efficiencies and reduce the cost of the services provided.

“Through this proposed restructuring, we see significant potential for increasing economically recoverable reserves by reducing overhead costs and improving operational efficiency. This will allow current production levels to be sustained well into the future,” CEO Neal Froneman commented.

The company said it was committed to a transparent process of consultation with organised labour and employees to explore all available options.

To watch Creamer Media's latest video reports, click here
 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

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

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:0.04 0.699s - 110pq - 2rq
Subscribe Now