JSE-listed South African gold miner, Sibanye-Stillwater, strongly poised to take over Lomnin, has pronounced that it would take a different trajectory in the management of LSE-listed Lomnin, the world’s third largest platinum miner.
Likening to the challenge his organisation faces in dealing with Marikana to the government faces with addressing the legacy of apartheid post-1994, Sibanye-Stillwater CEO, Neal Froneman, he was quoted by Fin24, “We can’t take on the responsibilities of Marikana. We need to move forward. It’s a bit like the legacy of apartheid, no one can condone what happened. We’ve got to move on and make sure that it never happens again. It’s like starting on a clean slate.”
Acknowledging that his company is taking over an organisation with reputation issues to address, Sibanye-Stillwater CEO, Neal Froneman, said, “Off course, Marikana was a real disaster, and I think it is extremely difficult for the existing owners to put it behind them and move on.”
In 2012, Lomnin was widely condemned for failing to resolve a protracted wage dispute which resulted in police the tragic shooting and killing of 34 striking workers. The incident was compared to the 1960 Sharpeville Massacre, where the apartheid police shoot dead 60 unarmed protesters.