Labour Expert Warns of Job Security Risks After De Beers Pauses Venetia Mine
By Odwa Mkentane Following De Beers' announcement that it intends to pause production at its Venetia mine in South Africa for two years, labour law expert Hugo Pienaar says the effects of the current economic climate, coupled with changing mineral demand and evolving business portfolios, are already being felt across South Africa's mining sector. He notes that modified business strategies, asset sales and large-scale retrenchments are already underway. The announcement […]
