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Amplats talks mine closures with unions

days between Late January and Late March
South Africa

Published: 15 Jan 2013 | By mariamartens and 2 others | Last updated: 15 Jan 2013
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Amplats talks mine closures with unions -
miners
flickr- Julien Harneis

Mining corporation Anglo American Ltd is expected to meet with South African government and labour union officials amid plans to shut down four mine shafts in the Rustenburg region. 


The talks are scheduled to take place before the closures and cuts come into effect, which will likely lead to the loss of 14,000 jobs and a 20% drop in annual platinum production. Company profits are estimated at $45 million. 


Whilst investors are looking forward to reduce the supply of platinum production, South African union leaders have pledged to fight the decision. 


Miner demands for higher wages crippled production in the country's mining sector in 2012. Anglo American, however, claims that the restructuring plans are not due to labour strikes. The company has proposed to replace mining job losses with the creation of jobs in the construction of housing and infrastructure. 


Following the announcements of the possible closures platinum prices overtook gold prices for the first time in 10 months. 


The proposed changes take place amid management restructuring for the company, who is set to welcome a new CEO in April 2013. 

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About this event
Created by mariamartensCreated by mariamartens
on Tue 15 Jan 2013
Modified by Eva HSLast modified by Eva HS
on Tue 15 Jan 2013

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Location: South Africa
Earliest date: Wednesday 23 January 2013
Latest date: Sunday 31 March 2013
Planning: date is to be announced
Ended: 480 days ago

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Griffin Shea

Senior South Africa correspondent

Location: Johannesburg, South Africa

Language: English and French

Griffin Shea is a reporter, writer and editor based in Johannesburg, South Africa. He worked for 13 years at AFP, one of the wor... moreGriffin Shea is a reporter, writer and editor based in Johannesburg, South Africa. He worked for 13 years at AFP, one of the world's largest news agencies, with postings in Washington, Harare, Bangkok and Johannesburg. He's covered elections, coups, conflicts and natural disasters in more than a dozen countries and has a rich knowledge of African affairs.

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David Smith

South Africa correspondent

Location: Johannesburg, South Africa

Language: English

David Smith is the Guardian's Africa correspondent. He is stationed in Johannesburg, South Africa.

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Gretchen Wilson

South Africa correspondent

Location: Johannesburg, South Africa

Language: English

Gretchen Wilson is a freelance journalist covering globalization and global inequalities, economic development, and social entre... moreGretchen Wilson is a freelance journalist covering globalization and global inequalities, economic development, and social entrepreneurship. Since 2004, Wilson has reported from southern and eastern Africa for American Public Media's Marketplace. Her reports also have been featured on CBC News, France 24, the Los Angeles Times, The Daily Beast, PRI's The World, Slate and IRIN news, and she has been a regular news analyst for CNBC Africa.

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