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On 4 October 2015 up to 30,000 South African coal miners, affiliated with the National Union of Mineworkers (NUM), went on strike after wage negotiations reached a deadlock. NUM is demanding a 14% wage increase compared with 8.5% being offered by the Chamber of Mines (COM), on behalf of the producers. At present the strike's impact has been low for both the South African domestic and export thermal coal sectors, due to relatively high stockpiles at Eskom's power plants and the Richards Bay Coal Terminal (RBCT). We estimate that 4.3 million tonnes of marketable production could be lost if the strike continues for two weeks.
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South African coal miners go on strike PDF - 466.87 KB 5 Pages, 1 Tables, 2 Figures
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Insight | Oct 2015
South African coal miners go on strike
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