Rapaport News




Advanced search
Latest Articles
Rough Markets
Polished Markets

De Beers, Petra Workers Prepare to Strike

Organization seeks wage increase for mine workers.
Oct 4, 2020 8:03 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share

 Workers at De Beers’ and Petra Diamonds’ operations in South Africa are planning to go on strike after the parties failed to reach an agreement in their respective wage talks.

Members of the National Union of Mineworkers (NUM) will begin a “protected strike” — meaning union workers cannot be disciplined by their employer for taking part — once they receive final approval, NUM said Friday. The Commission for Conciliation, Mediation and Arbitration awarded the companies a certificate of non-resolution of the disputes after talks it mediated between the employers and the union broke down.

NUM requested an 8% across-the-board pay hike for workers at De Beers’ Venetia mine, but said De Beers was offering only a 1.5% salary rise. Meanwhile, the union demanded Petra, which owns the Cullinan, Finsch and Koffiefontein sites in South Africa, increase workers’ monthly wages by ZAR 1,000 ($60), noting the company was offering only 4%. NUM did not provide the percentage equivalent for the ZAR 1,000 increase.

“It is going to be a big, big fight,” said William Mabapa, the NUM chief negotiator at De Beers and Petra. “Food prices, fuel prices and general inflation had skyrocketed. There is just no room for peanuts increases, and for that, we are prepared for war.”

Image: De Beers’ Venetia mine. (De Beers) 
Tags: Commission for Conciliation, Cullinan, De Beers, Finsch, Koffiefontein, Mediation and Arbitration, National Union of Mineworkers, num, petra, Petra Diamonds, Rapaport News, Venetia mine, William Mabapa
Similar Articles
Petra 299ct 140Petra Rough Prices Rise to Pre-Pandemic Levels
Jan 19, 2021
Rough-diamond prices at Petra Diamonds’ January tender rose 8% on a like-for-like basis,...
Karowe Yields First Large Diamond of 2021
NGO Warns Petra Lenders About Abuse Claims
Mountain Province Output Slides in 2020
Lucapa Mothae 140Lucapa Puts Lesotho Mine on Lockdown
Jan 14, 2021
Lucapa Diamond Company will temporarily close its Mothae mine...
Firestone Faces Uncertain Future
BlueRock Sees Full-Year Sales Jump
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us