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Royal Bafokeng Platinum Ltd Announces End Of Industrial Action At Bafokeng Rasimone Platinum Mine

Friday, 24 Aug 2012 03:59am EDT 

Royal Bafokeng Platinum Ltd announced that normal operations at Bafokeng Rasimone Platinum Mine’s North shaft recommenced from the night shift on August 23, 2012. This follows the resolution between management, unions and representatives of striking employees facilitated by the Rustenburg Municipality Conflict Resolution Committee as follows an undertaking that the approximately 500 employees who participated in unprotected strike action will return to work; that the existing three-year wage agreement will be honored by all parties, namely, management, unions and the aggrieved employees, and that no new wage demands will be tabled or entertained; parties agree to continue with discussions within the existing employee relations structures where other matters not related to issues contained in the wage agreement will be addressed; and all employees will be allowed to return to work. Allegations of intimidation will continue to be independently investigated and appropriate action will be taken if required. 

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-34.0 -0.47%
11 Jul 2014