The Labour Court has dismissed an application by the Association of Mineworkers and Construction Union (AMCU) to interdict the Section 189A consultation process at its SA Gold operations.
On 14 February 2019, Sibanye-Stillwater announced that it would be initiating discussions about possible restructuring at its gold operations. The restructuring comes as a result of ongoing financial losses at Beatrix 1 and Driefontein 2, 6, 7 and 8 shafts in 2018.
Neal Froneman, CEO for Sibanye-Stillwater, explains that considering restructuring processes is never taken lightly because of the impact it has on employees. “As we said when we announced the S189, we have consistently highlighted the operational and financial risks associated with the underperformance of the affected shafts at future forum meetings, which have been held regularly with stakeholders (including the unions) in an attempt to collectively find ways to address on-going losses,” Froneman says.
He adds that attempts were made to jointly devise viable alternative measures, which were unsuccessful so far. “The S189 process commenced on 14 February 2019, and we urge AMCU and other stakeholders to participate in this process, so that we can jointly find ways to mitigate possible job losses at the operations,” Froneman concludes.