UPDATE 1-South African court blocks mine union's plan for industry-wide strike
"We welcome the decision of the court to grant an interdict against the secondary strike action called by AMCU. We maintain that a secondary strike by AMCU would not be in the best interests of our employees or the industry," Anglo American Platinum's chief executive, Chris Griffith, said. In a statement, Lonmin confirmed the judgement.
The Johannesburg Labour Court was not immediately available for comment, and AMCU spokesman Manzini Zungu did not respond to requests from Reuters to confirm the ruling. In February, the labour court ordered AMCU to suspend its plans for an industry-wide sympathy strike following an application by producers.
Sibanye-Stillwater said last month it could cut nearly 6,000 jobs at its gold mining operations in a potential restructuring plan as above-inflation cost increases to labour and electricity gnawed at its margins. Job cuts are politically sensitive in Africa's most industrialised economy, where the unemployment rate is more than 27 percent.
Data on Thursday showed gold production contracted for the 15th month in a row, shrinking by 22.5 percent in January, while platinum production was up 8.8 percent in the same period. (Reporting by Tanisha Heiberg; Writing by Mfuneko Toyana; Editing by Dale Hudson and Mark Potter)
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