Go Back Email this Link to a friend


HARMONY GOLD MINING COMPANY LIMITED - Ongoing industrial action at Kusasalethu - Labour court grants interdict employees to return to work

Release Date: 03/04/2017 16:40:00      Code(s): HAR       PDF(s):  
Ongoing industrial action at Kusasalethu - Labour court grants interdict – employees to return to work

Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
(“Harmony” or “the company”)

ONGOING INDUSTRIAL ACTION AT KUSASALETHU
Labour court grants interdict – employees to return to work


Johannesburg, Monday. 3 April 2017: Harmony Gold Mining Company
Limited (“Harmony”) advises that unprotected industrial action at
Kusasalethu has continued, despite various labour agreements
reached with the Association of Mineworkers and Construction Union
(AMCU). As a result, Harmony approached the Labour Court of South
Africa on Friday, 31 March 2017, to obtain an interdict – which
was granted - declaring ongoing industrial action at Kusasalethu
led by AMCU to be unprotected, and requiring employees to return
to work.


Harmony and recognised unions – including AMCU - have entered into
various labour agreements since 2013.   Despite reaching these
agreements, AMCU and its members have since the beginning of 2017
continued to disrupt operations, threatening the safety of
Harmony’s employees and impacting negatively on production.      AMCU
and its members have ignored the court order granted on Friday,
with no employees reporting for work over the weekend or today.
An ultimatum has now been issued to Kusasalethu employees to
return to work tomorrow night, failing which they may be subject
to disciplinary action.


These actions have had significant implications to the viability
of Kusasalethu. Approximately 7 to 10 days of gold production have
been lost since the 21st of March 2017 to date, at a rate of 15kg
of gold production per day. Security measures at the mine have
been increased to address complaints of intimidation and potential
violence.
“Continuing with unprotected industrial action poses a real threat
to the continued viability of the Kusasalethu mine. Given the
history of this mine and the serious impact that continued
production interruptions could have on the lives of our employees
and their families, we call on AMCU to show responsible
leadership.   We urge employees at Kusasalethu to return to work,”
said Peter Steenkamp, CEO of Harmony.
Ends.

For more details contact:

Marian van der Walt
Executive: Corporate and Investor Relations
+27 (0) 82 888 1242 (mobile)

3 April 2017
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited.

Date: 03/04/2017 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2019 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.