Govt diamond mine denies reports of lay-offs

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Alexkor Limited in Alexander Bay is pooling and sharing joint venture (PSJV) between Alexkor and the Richtersveld Mining Company.

denies reports that it’s planning to retrenchSpeaking on behalf of Mervyn Carstens, the CEO of the pooling and sharing joint venture between Alexkor and the Richtersveld Mining Company, company secretary Raygen Phillips said they had not issued a formal notice of retrenchments, despite information doing the rounds alleging the contrary.

But in his response to questions on the matter, Phillips said that all employees of the mine received their January and February salaries timeously, further cementing the assertion that retrenchments were not in the pipeline. In a message from chairperson Tshediso Matola, who was appointed in September last year, on the Alexkor company website, he said: “PSJV is operated within a sound governance framework and on commercial terms, through both oversight by management of its activities and Alexkor board representation on the PSJV board.

 

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