Thursday 9 July 2015

Otmane El Rhazi : Solidarity concerned about possible retrenchments at Kumba

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

JSE-listed Kumba Iron Ore will soon start with a large-scale restructuring process at its Sishen and Kolomela mines, trade union Solidarity said on Thursday. The union was invited to participate in the consultation process on the restructuring of Kumba’s support divisions. “Around 190 employees are affected by the process, including 151 employees at the company’s Sishen mine. The company says the restructuring process is aimed at achieving better efficiency and to reduce the company’s running costs,” noted Solidarity energy industry head Deon Reyneke. He said Solidarity was concerned about the high incidence of retrenchments in the mining industry.

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