Union expresses dismay over Ekapa's liquidation plans
Trade union UASA says it is 'deeply saddened' by Ekapa Resources and Ekapa Minerals' plans to apply for liquidation, while workers, families and the broader mining community are still coping with the aftermath of the February 17 mud rush at the Du Toitspan Joint Shaft diamond mine, in the Northern Cape.
Work to recover the bodies of five workers who went missing in the mud rush and are now presumed dead are ongoing.
News outlet News24 reported on Wednesday that the company had confirmed in a statement that rescuers have been unable to detect survivable conditions in the areas where the five employees were working at the time of the mud rush.
The company had also stated that restoring access to the affected operation would take about 10 to 18 months and require significant capital investment, impacting on the viability of Ekapa's broader operations. Ekapa's board had, therefore, decided to apply to court to place Ekapa Resources and Ekapa Minerals into liquidation.
UASA says it acknowledges the severe operational and financial pressures cited by the company but notes that the decision to apply for liquidation comes at a difficult time, as Ekapa employees face the emotional trauma of the mud rush and their missing colleagues and the immediate threat of job loss.
"The potential job losses from this liquidation risk will deepen economic hardship in Kimberley and the surrounding areas," the union adds.
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