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Workers' Union Condemns Petra over Finsch Mine Closure

Summary by rapaport.com
The National Union of Mineworkers (NUM) has criticized Petra Diamonds for its plan to put its Finsch mine in South Africa into business rescue and lay off employees. Closing the mine would affect approximately 689 workers, while further cutbacks anticipated at the Cullinan deposit threaten roughly 1,090 jobs, the NUM said Sunday. The move endangers the economic stability of the mining communities that depend on the operations, the group warned. …
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rapaport.com broke the news on Monday, June 15, 2026.
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