South Africa: Anglo American criticised over silicosis payments
Date: 2 May 2014
Anglo American was criticised at its AGM for what was described as procrastination over the payment of compensation to former gold miners who are dying of the effects of silicosis.
The campaign group Action for Southern Africa presented chairman Sir John Parker with a so-called 'Golden Snail' award. The company has said that it is not responsible for the compensation claims, regardless of the fact that Anglo ran a number of the mines concerned.
Richard Meeran from the law firm Leigh Day said that many thousands of miners have died, many undiagnosed and uncompensated. He added: “Rather than allowing the litigation to drag on endlessly, it would be better if Anglo American accepted their responsibilities towards the miners and their families and pay compensation now which will give them and their families some financial security and help alleviate their suffering.”
Last year, the company reached a settlement to resolve 23 silicosis class action claims in South Africa, without any admission of liability and saying it would continue to defend such cases.
You must be logged in to add comments
In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
Similar news stories
From the same country
Other stories about this company
Currently most popular stories