#NUM, #Xstrata to resolve dispute #mining
South Africa’s National Union of Mineworkers (NUM) agreed with Xstrata to resolve a dispute over a share ownership plan within 7 days. This has disrupted production of coal and alloys for more than a week.
“Thousands of workers have been on strike at the company’s South African operations, demanding equal compensation under the proposed employee share ownership programme, regardless of rank. Xstrata’s plan was to compensate employees based on their level.”
NUM stated that it would consult its members on the discussions, but the strike would continue.
The mineral resource minister wanted to end the strike which she said had a negative impact on South Africa as an investment destination.
Xstrata stated that its coal operations were badly affected by the strike and there was some impact on its alloys operations.
About 5180 workers or 43% of Xstrata’s workforce in South Africa are NUM members.
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