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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report

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Coal of Africa Ltd Announces Mooiplaats Employees' Embark On Unprotected Strike

Tuesday, 4 Dec 2012 06:55am EST 

Coal of Africa Ltd announced that the National Union of Mineworkers (NUM) affiliated employees at Mooiplaats (the Colliery) have embarked on an unprotected strike following the suspension of four workers. The employees are protesting against the suspension which is due to alleged misconduct and breach of the picketing rules during the legal strike in October 2012. All four underground sections have stopped operations and management is in discussion with NUM representatives to resolve the matter and ensure the workers resume their shifts. Management has advised the union that disruptions and continued strike action will have a severe impact on the viability of Mooiplaats and is likely to result in job losses. The Colliery directly employs 368 people of which 244 are NUM members. 

Company Quote

-0.0010 -1.52%
3 Jul 2014