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VILLAGE MAIN REEF LIMITED - SAPS acts to take control of ConsMurch Shaft

Release Date: 22/07/2013 07:05
Code(s): VIL     PDF:  
Wrap Text
SAPS acts to take control of ConsMurch Shaft

VILLAGE MAIN REEF LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005703/06)
JSE share code: VIL ISIN: ZAE000154761
(“Village”)



                                     Sit-in at Cons Murch over
                                 Remaining employees return to surface


21 July 2013, Johannesburg: Village Main Reef (Village) confirms that the sit-in at its Consolidated Murchison
antimony/gold mine in Limpopo province was terminated on Saturday, 20 July 2013. This follows a joint call from
management, the office of the Chief Inspector of Mines, the Department of Mineral Resources (DMR), unions and the
South African Police Services (SAPS) for employees who had waged a sit-in at the Monarch Decline Shaft to return to
surface.

Management has engaged the services of an independent mediator to resolve the dispute between the parties.

The strike, which started on 10 July 2013 has resulted in revenue losses of some R10.5 million. Employees have lost
a total of R2 million in wages.

Village acknowledges the support of the SAPS, government, through the DMR, and from the unions, during this time.



Contacts:
MD Village Gold
Ferdi Dippenaar
Email: ferdi@2tp.co.za
Mobile: 082 807 3684

Dalu Ncube
MD ConsMurch
Email: DNcube@villagemainreef.co.za
Mobile: 072 334 1965

Issued by:
Russell and Associates
Tel: 011 880 3924
Email: charmane@rair.co.za/jan@rair.co.za

Sponsor
Java Capital

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