Mineral Resources Minister Susan Shabangu’s relationship with Anglo American was “back on track” after the company’s platinum unit agreed to delay plans to fire as many as 14 000 workers, she said yesterday.
“I see myself as a parent to the mining industry and when the children get out of hand, the parent has a responsibility of bringing the children in line. The child is back on track. I’m satisfied that my relationship with the sector as a whole is a very good one.” Shabangu said.
Anglo American Platinum announced proposals to cut jobs and mothball four shafts on January 15, to curb costs. It postponed the plan on Monday after she said it risked losing some licences. – Bloomberg