Atlatsa Platinum Miners Strike

Atlatsa Resources Corporation (TSXV:ATL,NYSE:ATL,JSE:ATL) announced employees at the Bokoni platinum mines are on strike.

As quoted in the press release:

Attendance at the mine is currently below 20%.

The mine’s representative unions – NUM, TAWUSA and UASA – have tried to address all of their members unsuccessfully.

Bokoni has an existing agreement in place regarding conditions of employment, including wages, effective up until 30 June, 2013. Bokoni management has indicated that it will not negotiate any issues outside of formal bargaining structures and encourages employees to work through these channels.

Click here to read the Atlatsa Resources Corporation (TSXV:ATL) press release.