Seriti: Seriti Resources confirms plan to retrench 1,143 employees

SERITI Resources, a privately-held South African coal miner, plans to retrench 1,143 employees as some of its operations are "not commercially sustainable". Middelburg Mine Services (MMS), Klipspruit South-East pit together opencast activities at Klipspruit "are not currently commercially sustainable and require material restructuring to improve unit costs and the prospects of future sustainability", said Seriti [...] The post Seriti Resources confirms plan to retrench 1,143 employees appeared first on Miningmx.