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News Breaks | | | | August 31, 2012 | | 07:15 EDT |  | GFI | Gold Fields announces strike at KDC East
Gold Fields announced that employees of the East Section of the KDC Gold Mine on the West Rand in South Africa have been engaging in what the company called "an unlawful and unprotected" strike since the start of the night shift on Wednesday, August 29. Approximately 12,000 employees are participating in the strike and to date two night shifts as well as two day shifts have been lost. The senior leadership of Gold Fields' South Africa Region as well as the KDC mine have been on site since the start of the strike, engaging with all stakeholders, including organized labor and associated structures, with a view to maintaining the peace and resolving the strike. The company said: "Based on informal feedback from employees, the strike appears to be related mainly to disagreements within organised labour and related structures on the mine, although we cannot confirm this. The safety of our people is our first priority and we appeal to all stakeholders to continue to act with restraint and to find peaceful solutions to their differences. It is important that we restore normality on the mine in a peaceful manner and as soon as possible." Management has been granted an urgent interdict to bring the strike to an end, it said. | |
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| June 4, 2013 | | 17:27 EDT | | GFI | Gundlach is not interested in gold mining stocks
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