Village Main Reef hopes to save jobs
Village Main Reef employs 2,400 workers but needs to restructure its operations.
JOHANNESBURG - Mining company Village Main Reef said on Sunday it was in talks with trade unions in an effort to save the jobs of more than 900 employees at its Blyvoor operations west of Johannesburg.
The company which employs 2,400 workers announced on Friday that it was restructuring its operations, as the business is not profitable.
CEO Marius Saaiman said while the business has been struggling for years, the situation has worsened due to illegal strikes by its employees.
He said talks with unions in the mining sector kicked off this weekend.
“In October we had a seismic event that resulted in about 30 percent of the available panels of underground operations being affected.
“Then there was also illegal strike action which put further strain on the operation.”