Union Seeks Buyer for Arnot Mine to Save South African Jobs

  • National Union of Mineworkers says about 600 job cuts coming
  • Union says interest shown by companies in acquiring mine

A South African union is seeking a buyer to step in at Exxaro Resource Ltd.’s Arnot mine operations to avert job cuts expected at the end of July after the expiry of a coal-supply contract with Eskom Holdings SOC Ltd., the state electricity company.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.