Massive retrenchments likely, says Tendele CEO, Jan du Preez in February 2018
In a February 2018 management brief to employees and subcontractors, Tendele CEO, Jan Du Preez discussed the future of the mine, stating that they could not move into new mining areas “because unrealistic compensation demands and influx of residents into Emalahleni make it simply uneconomical to mine in the area”.
Du Preez said downscaling and retrenchments were likely.
“The January bonus may very well be the last time that employees will receive a production bonus,” wrote Du Preez. “It will be a truly tragic situation if hard-working employees (some 1400 in total between us and our service providers) are prevented from continuing with their employment because a few community members choose to stand in the way of future development, and huge economic and social investment and upliftment in the community.”
Click here to read the full management brief.