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Petmin Ltd Announces End Of Industrial Action At Petmin's Somkhele Anthracite Mine

Friday, 25 Oct 2013 03:35am EDT 

Petmin Ltd announced that an agreement has been reached to end industrial action at Petmin’s Somkhele anthracite mine in KwaZulu-Natal.Negotiations with union representatives resulted in a two year settlement, which was agreed by workers on October 24. Workers will be returning to work on October 28, and mining and processing activities will return to normal. The strike lasted 37 days and had a limited impact on production at Somkhele. During the industrial action, volunteer workers kept Somkhele’s three wash plants running and shipments of product continued to both domestic and export customers. Under the terms of a two-year agreement, a wage increase of 8% was agreed for 2013/14 for Somkhele’s lowest-paid workers, with a further 7.5% increase for 2014/15. Other pay grades received negotiated increases of 5.5% to 7%. It was further agreed to create forums in order to improve performance and productivity. 

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5.0 +3.85%
31 Mar 2015