Langer Heinrich layoffs a worry

30 April 2018 | Business

The Langer Heinrich uranium mine's pending retrenchments have been described as unfortunate by the Mineworkers Union of Namibia.

The Langer Heinrich mine will be mothballed and hundreds of employees will be sent home. Only about 20 employees will stay on to perform maintenance.

The mineworkers' union's secretary, Desley Somseb, said: “This is not the first retrenchment at the Langer Heinrich mine. In the past about 300 employees were retrenched. The situation is bad and the guys in the uranium sector are affected by the price of uranium.”

The MUN would travel to the coast this week to assess the situation on the ground, Somseb said.

MUN branch chairman Paulus Iipumbu said the announcement “came as quite a surprise”.

“We suspected something like this for some time but were repeatedly told by management that it was not the case,” Iipumbu was quoted as saying. According to Iipumbu, he wrote to the company to ask about the possibility of such a development so that a proper retrenchment agreement could be drafted early enough to benefit those affected.

The mine's interim managing director, Michael Itrona, last week announced that the mine would be placed in care and maintenance.

“There will be retrenchments for a large number of employees as only a small multifunctional staff pool of about 20 people will stay on. Care and maintenance will take a while to be fully implemented and retrenchment arrangements will be discussed with employees. It is deeply distressing to have to consider suspending operations at the mine,” Itrona said. According to him, care and maintenance is the only real, responsible option at this stage.

The Chamber of Mines of Namibia would not comment when approached. The Langer Heinrich mine made a loss of N$876.7 million in 2017. According to the Chamber of Mines annual report, the Langer Heinrich mine employed 296 permanent and 49 temporary employees, while 279 contractors provided services to the mine last year.

OGONE TLHAGE

Similar News

 

Company news in brief

13 hours ago | Business

China Evergrande’s interest deadline passesA deadline passed on Thursday for China Evergrande, the world’s most indebted property company, to pay US$83.5 million in interest on...

Agility Orthopaedic Centres expanding rapidly

3 days ago - 24 September 2021 | Business

STAFF REPORTERAgility Orthopaedic Centres services are spreading fast. After the established practice in Windhoek (Eros) and the Walvis Bay practice launched in February this year,...

COMPANY NEWS IN BRIEF

3 days ago - 24 September 2021 | Business

Exxon, Chevron not disclosing paymentsUS oil majors Exxon Mobil Corp and Chevron Corp have failed to meet a core transparency standard set by the Extractive...

COMPANY NEWS IN BRIEF

4 days ago - 23 September 2021 | Business

Mediclinic gets sustainability-linked loanSouth Africa's Mediclinic has refinanced R8.45 billion (US$575.26 million) in loans through Rand Merchant Bank, the hospital operator said on Tuesday, in...

Incentives for exploration, drilling

5 days ago - 22 September 2021 | Business

Memory Mbai - As with many other African countries, Namibia offers important indirect tax incentives to promote the exploration and drilling for oil and natural...

COMPANY NEWS IN BRIEF

5 days ago - 22 September 2021 | Business

Mattress files confidentially for US IPOMattress Firm Group Inc, the mattress selling business of South African retail group Steinhoff, on Monday confidentially filed paperwork with...

COMPANY NEWS IN BRIEF

6 days ago - 21 September 2021 | Business

Nigeria to incorporate NNPCNigeria's President Muhammadu Buhari on Sunday ordered the incorporation of the state-run oil company within six months and appointed a board for...

Capricorn remains resilient amidst Covid

1 week ago - 20 September 2021 | Business

Jo-Maré Duddy – Locally-listed Capricorn Group, with Bank Windhoek as its flagship brand, has provided payment holidays on loans freeing up N$343 million in cash...

COMPANY NEWS IN BRIEF

1 week ago - 20 September 2021 | Business

American, JetBlue partnership to raise pricesUS Senator Richard Blumenthal, a Democrat who has been outspoken on antitrust issues, expressed concern to the Transportation Department on...

Momentum urges women to invest more

1 week ago - 20 September 2021 | Business

TUYEIMO HAIDULAWINDHOEKNotwithstanding decades of progress towards achieving equality in the workplace, Momentum Namibia investment managing director Evangelina Nailenge has challenged women to see themselves as...

Latest News

‘Agribank must be more visible...

13 hours ago | Banking

Omaheke regional governor Pijoo Nganate on Friday asked Agribank to extend its visibility in other constituencies of the region via its outreach programmes.Nganate made these...

Namibia launches new port control...

13 hours ago | Economics

Namibia on Friday launched a new port container control unit to improve smooth flow of goods at the recently upgraded Walvis Bay port.Speaking on behalf...

The storm is over

13 hours ago | Health

TUYEIMO HAIDULA ONDANGWA The corridors are empty. There is moment of stillness here at Ondangwa Private Hospital’s Covid-19 ward in the Oshana...

34 teachers charged for sexual...

13 hours ago | Education

Kenya Kambowe RUNDU Between 2010 and 2020, the education ministry charged 34 teachers...

Big thanks to corporate Namibia...

13 hours ago | Sports

Jesse Jackson Kauraisa Today I do not really want to pen anything negative because I feel some corporate companies have earned...

Moses calls for more support...

13 hours ago | Sports

NAMPA WINDHOEKAC Boxing founder and trainer Imms Moses is calling on the corporate world...

South Africa unhappy with Britain’s...

13 hours ago | Economics

SOFIA CHRISTENSENSouth Africa is seething over Britain's decision to keep the country on its coronavirus "red list," forcing travellers into a pricey hotel quarantine on...

Editorial: F for broken promises

13 hours ago | Opinion

President Hage Geingob’s appeal to world leaders last week to end what has been coined ‘vaccine apartheid’ and to ensure fair distribution of vaccines was...

A woman with boxing dreams...

13 hours ago | Sports

Jesse Jackson Kauraisa Young Meriam Nghiyolwa – who has been in the game for quite some time – is still chasing...

Load More