Johannesburg – Unions say mine workers are being "dumped" following the closure of Pan African Resources' [JSE: PAN] Evander 8 Shaft.
In a note to shareholders on May 2, Pan African Resources said the closure at Evander had been confirmed, resulting in the retrenchment of about 1 700 employees.
National Union of Mineworkers (NUM) national spokesperson, Livhuwani Mammburu, said the union tried to engage with Pan African Resources, but the discussions were unsuccessful.
According to Mammburu, the closure of Evander 8 Shaft was a “deliberate act”, and the company has invested billions in another project that includes mine tailings.
“Out of 1 812 employees, 1 722 employees will be retrenched by the end of May,” Mammburu said. The job losses would have a significant impact on the mining industry, Mammburu added.