Diamond mining company Trans Hex has announced plans to axe 125 jobs at its ageing Lower Orange River operations in Northern Cape, South Africa.

The latest move comes as the company switches to a reduced operational cycle at its LOR operations consisting of the Baken and Bloeddrif mines.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

As part of these plans, Trans Hex has concluded an agreement with the National Union of Mineworkers to change the production shift system at both mines.

"Trans Hex aims to extend the life-of-mine of each operation for as long as possible."

The change forms part of the company’s strategy to responsibly managing assets in the final years of their economic lifecycles by optimising mining and treatment volumes together.

Trans Hex aims to extend the life-of-mine of each operation for as long as possible.

The LOR operations will change from a four-shift system to a three-shift system.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In addition, the company plans to adjust overburden stripping rates and the volumes of gravel mined and treated in order to ensure a sustainable model for each mine.

The restructuring programme is expected to cost R47m, including severance payments.

Trans Hex also operates the Somiluana mine located 1,000km north-east of Luanda in the diamond-rich province of Lunda Norte in Angola.

The company owns a 33% stake in the mine, while Endiama holds a 39% stake and the balance of shares is collectively held by three local companies.