Anglo Americans South African Kleinkopje coal mine hit by strike.

By bne IntelliNews March 13, 2013
Workers at the South African Kleinkopje coal mine, run by global mining group Anglo American embarked on an illegal strike on Tuesday morning (March 12) over internal issues specific to the mine, Financial Times reported. The move follows a strike at five coal mines operated by South African diversified mining group Exxaro Resources and points to a worrying trend of a spreading industrial unrest in the coal mining sector. The current industrial auction comes after about three months of relative calmness in South Africas mining sector, following a widespread wave of illegal work stoppages that affected mainly the gold and platinum sectors for several months in the second half of 2012, causing serious damages to Africas biggest economy in terms of lost output, which dented growth, and deterioration in the investment climate. Anglo American and Exxaro are South Africa's two biggest coal producers and prolonged strikes could also affect energy supply, as the two firms are the main suppliers of coal to the thermal power plants of South Africas national power utility Eskom. Coal-fired power plants account for about 85% of Eskoms total output.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

South Africas Exxaro mulls firing striking coal miners.

South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more

South Africas Telkom says there is no decision to lay off 13,000 employees.

South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more

BP, Masana Petroleum Solutions sell LPG business in South Africa.

Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    6 days ago
  2. Saudi Arabia to scale back plans for Neom city
    9 days ago
  3. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    6 days ago
  4. PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
    7 days ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    20 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    24 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    29 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    22 days ago

Reports

Dismiss