Sibanye Gold Mine restructuring puts almost 3 000 jobs at risk

Sibanye Stillwater said it will enter talks with labour unions over a possible restructuring at one of its South African gold mines that could impact almost 3 000 people.

The announcement is the latest blow for the company’s Kloof 4 shaft, where operations were suspended on August 1 following an incident that damaged infrastructure. That “compounded” the challenges faced at the mine about 60 kilometers (37 miles) from Johannesburg, the company in a statement Thursday.

Source: Moneyweb