As a response to the planned job cuts by AngloGold Ashanti reported earlier today, mine workers of the largest gold producer in South Africa said they will resist planned job cuts and “fight tooth and nail”.
AngloGold Ashanti had written to workers union that it is planning to cut 800 jobs to increase its operational efficiency.
However, a statement released by the National Union of Mineworkers, NUM, said the plan will be resisted.
“The NUM remain fearless, committed, dedicated and unshaken in fighting for the mineworkers. The NUM does not want to see mineworkers being retrenched,” it said.
AngloGold employs about 25,000 people in South Africa, whose vast resources are accompanied by sometimes volatile labour relations, rising costs and regulatory disruptions.
Output from its South African mines, which contribute roughly a quarter of the company’s nearly 4 million ounces in annual output, has declined in recent years due to regulatory disruptions related to safety.
AngloGold has over 100,000 employees, many of whom are mine workers.