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Wednesday, 24 October 2012 - AngloGold says to fire 12,000 South Africa strikers |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. 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Striking miners attend a gathering at the AngloGold Ashanti mine in Carletonville, northwest of Johannesburg October 24, 2012. Credit: Reuters/Siphiwe Sibeko By Olivia Kumwenda JOHANNESBURG | Wed Oct 24, 2012 11:28am EDT JOHANNESBURG (Reuters) - AngloGold Ashanti said it will sack 12,000 South African wildcat strikers who ignored a deadline to return to work on Wednesday, the latest company to resort to mass firings after weeks of crippling labor unrest. Several mining firms have told strikers to return to work or lose their jobs in a last-ditch move to resolve the widening strikes that have poisoned labor relations and marred the image of Africa's top economy. AngloGold, the world's third-largest bullion producer, had given strikers until noon (1000 GMT) on Wednesday to return. About 12,000 employees at its West Wits operation failed to return, spokesman Alan Fine said. "The deadline has now passed and that means the process of issuing dismissals would begin now," he told Reuters. About 24,000 AngloGold employees at the West Wits and Vaal River complexes - the majority of its workforce - had gone on strike. Fine said that workers at the Vaal River complex were back at work. A total of about 100,000 workers have downed tools for better pay in South Africa since August, a wave of strikes that has sparked two credit downgrades for the country as a whole. Coal miner South African Coal Mining Holdings said earlier on Wednesday that some of its operations had been interrupted due to a new union-led strike over wages. AngloGold rival Harmony Gold has also given wildcat strikers an ultimatum to return to work on Thursday. Anglogold is the latest case where the hardball tactic has failed to get substantial numbers of strikers back to work. Gold Fields, the world's fourth-largest bullion producer, sacked 8,500 wildcat strikers at its KDC East mine on Tuesday after they ignored an ultimatum. Anglo American Platinum (Amplats), the world's largest platinum producer, also sacked 12,000 at its Rustenburg operations earlier this month. Anglo American said last week that it would now be delaying the dismissal process at its Union and Amandelbult operations, where it employs 20,500 people. It also said it was open to discussing the reinstatement of the sacked workers with unions. Shares of AngloGold Ashanti were flat at 285 rand. (Reporting by Olivia Kumwenda; editing by David Dolan and Patrick Graham) World Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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