SOUTH Africa’s Minister of Mineral Resources and Energy Gwede Mantashe has suggested his department could look to revoke Sibanye-Stillwater’s mining rights at its gold mines as a strike marks its tenth week with no sign of a settlement in sight.
Following the Minister’s budget vote speech on Thursday, he addressed comments made by members of Parliament about the impasse between labour and the mining company.
“I listened to the comments by Neal [Froneman, Sibanye-Stillwater CEO] that he has the money to [withstand] the strike for years.
“In other words, the message is sending to us is that he is not ready to actually mine gold. He has enough money to fight a strike and stop production for years,” Mantashe said.- news24