{"id":6270,"date":"2011-12-20T00:33:21","date_gmt":"2011-12-19T22:33:21","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/update-1-first-uranium-seeks-approval-for-job-cuts-at-ezulwini-mine\/"},"modified":"2011-12-20T00:33:21","modified_gmt":"2011-12-19T22:33:21","slug":"update-1-first-uranium-seeks-approval-for-job-cuts-at-ezulwini-mine","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-first-uranium-seeks-approval-for-job-cuts-at-ezulwini-mine\/","title":{"rendered":"UPDATE 1-First Uranium seeks approval for job cuts at Ezulwini Mine"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocatio\/spann\">Dec 19 (Reuters) &#8211; First Uranium said it will<br \/>\nseek approval to reduce workforce and cut costs at its Ezulwini<br \/>\nMine in South Africa, as it struggles with production issues at<br \/>\na site that has seen three fatal accidents this year.<\/span><\/p>\n<p><span><\/span><\/p>\n<p>The company, which has seen its shares fall by about 86<br \/>\npercent this year, said the plan could affect almost half of the<br \/>\n3,745 workers in the mine.<\/p>\n<p><span><\/span><\/p>\n<p>It will seek approval for the job cuts under the South<br \/>\nAfrican Labour Relations Act on Monday, the company said in a<br \/>\nstatement.<\/p>\n<p><span><\/span><\/p>\n<p>The mine has been the site of several accidents, including<br \/>\none in September which killed a drill operator &#8212; the fourth<br \/>\ndeath in the last 15 months..<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The extremely unfortunate fatal accidents in the latter<br \/>\nhalf of the calendar year have had a significant impact on<br \/>\nemployee morale and productivity, and as such the expected<br \/>\nimprovement in production has not been forthcoming,&#8221; the Chief<br \/>\nExecutive Deon van der Mescht.<\/p>\n<p><span><\/span><\/p>\n<p>The new operating plan for the Ezulwini Mine will focus on<br \/>\nsafety and improving mine efficiency, the company said in a<br \/>\nstatement.<\/p>\n<p><span><\/span><\/p>\n<p>Shares of First Uranium closed at 18.5 Canadian cents on<br \/>\nFriday on the Toronto Stock Exchange.<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2011 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dec 19 (Reuters) &#8211; First Uranium said it will seek approval to reduce workforce and cut costs at its Ezulwini Mine in South Africa, as it struggles with production issues at a site that has seen three fatal accidents this year. The company, which has seen its shares fall by about 86 percent this year, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-6270","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=6270"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6270\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}