Mines have a mandate to engage DMR before announcing job cuts says DG

Advocate Thabo Mokoena, Director General of Mineral Resources, says it is worrying that mines are contemplating cutting jobs.

This follows an announcement from Gold Fields that it is planning to lay off up to 1,560 employees at its South Deep mine. Impala Platinum also made a job cutting announcement of 13 000 jobs in the next two years.

Mokoena says Mineral Resources Minister Gwede Mantashe has released a statement expressing his dissatisfaction with the manner in which Gold Fields has handled the situation.

He says mines are encouraged to have meaningful discussions with the department before making such announcements.

Read: Gold Fields says it's left with no choice but to cut jobs

We are seeing a trend that the department will just be notified on the eve of making such an announcement that the mine is contemplating on retrenching such a number of employees. This is worrying to us as a department.

Thabo Mokoena, Director General of Mineral resources

As the regulator, we would actually want them to come to us in advance to present their case at the department so that we can be able to look at various options that may be viable.

Thabo Mokoena, Director General of Mineral resources

Mokoena says when these mines make such announcements they cause unnecessary panic and that should be avoided at all costs.

He says there are various stakeholders that should be consulted before these kinds of decisions are made.

We always say to the mines that they must opt for Section 52 because it is a platform that allows all the parties to be engaged.

Thabo Mokoena, Director General of Mineral resources

There are also forums that they must utilise so that when there is a decision to retrench or to scale down, at least all the stakeholders in that space will be knowing that were engaged thoroughly on these matters.

Thabo Mokoena, Director General of Mineral resources

The department says it is looking at different options to make sure that it alleviate the impact of job losses.

To hear the rest of the conversation with Advocate Thabo Mokoena, listen below:


Recommended

by NEWSROOM AI
Read More
 Business group Sakeliga wins victory to stop Eskom bulk power supply cut-offs

Business group Sakeliga wins victory to stop Eskom bulk power supply cut-offs

CEO Piet Le Roux says it's unacceptable that Eskom interrupts power to communities when most have already paid their bills.

'Malema can criticise the media, but the way he is doing it is dangerous'

'Malema can criticise the media, but the way he is doing it is dangerous'

Executive Director at Sanef Kate Skinner explains why the way Malema attacked the media is problematic.

Medical scheme Gems experts to review decision on funding cancer drug Keytruda

Medical scheme Gems experts to review decision on funding cancer drug Keytruda

Gems medical scheme has responded to allegations of denying a stage four cancer patient treatment that might save his life.

Gold Fields says it's left with no choice but to cut jobs

Gold Fields says it's left with no choice but to cut jobs

Gold Fields Spokesperson Sven Lunsche explains who will be affected by the job cuts.

How a mining industry working group is addressing the problem of lung disease

How a mining industry working group is addressing the problem of lung disease

1000s of miners with silicosis are preparing to sue some of our largest gold mines. Bruce Whitfield interviews Graham Briggs.

Some JSE-listed companies 'not forthcoming with truth' on green practices - CER

Some JSE-listed companies 'not forthcoming with truth' on green practices - CER

Many of SA’s biggest listed companies are not forthcoming with the truth about their environmental compliance, says the Centre for Environmental Rights.

Popular articles
[LISTEN] 'Zuma's  affidavit in aid of Tom Moyane is a fascinating move'

[LISTEN] 'Zuma's affidavit in aid of Tom Moyane is a fascinating move'

Journalist at Daily Maverick’s Investigative Team Scorpio Pauli Van Wyk shares her take on this development.

Momentum to pay all violent crime claims, regardless of previous medical history

Momentum to pay all violent crime claims, regardless of previous medical history

The Money Show’s Bruce Whitfield interviews Johann le Roux, CEO at Momentum Life.

Plans to deny foreign children birth certificates violates Constitution - group

Plans to deny foreign children birth certificates violates Constitution - group

Lawyers for Human Rights says government's bid to discontinue birth certificates for foreign children born in SA is unlawful.

Bara doctor takes medical aid to court for denying him 'pricey' cancer treatment

Bara doctor takes medical aid to court for denying him 'pricey' cancer treatment

Dr Sipho Bvuma says Gems has refused to pay for his expensive brain cancer treatment, which he believes will prolong his life.

[WATCH] An  excruciating moment as  woman jumps into frozen lake...ouch!

[WATCH] An excruciating moment as woman jumps into frozen lake...ouch!

Khabazela shares tweets and Facebook posts that have gone viral.

'Momentum did nothing wrong, legally. But the man died protecting his family!'

'Momentum did nothing wrong, legally. But the man died protecting his family!'

The Money Show’s Bruce Whitfield interviews consumer journalist Wendy Knowler.

Markus Jooste will absolutely hate this book by FM Editor Rob Rose

Markus Jooste will absolutely hate this book by FM Editor Rob Rose

Financial Mail Editor Rob Rose talks about his book, “Steinheist: Markus Jooste, Steinhoff and SA’s biggest corporate fraud”.

6 mistakes people in their 20s make with money

6 mistakes people in their 20s make with money

Sam Beckbessinger, the author of “Manage Your Money like a F*cking Grownup,” has some tips, so you don’t have to live with regret.