South Africa

Chrome mining giant guilty of R7.5bn fraud, union tells court

03 October 2019 - 07:00 By Graeme Hosken
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Amcu has demanded access to the company's financial records, dating back to 2005.
Amcu has demanded access to the company's financial records, dating back to 2005.
Image: Gallo Images / Sowetan / Tsheko Kabasia

SA mining giant Samancor Chrome – the world’s second-largest chrome mining company – is in the sights of mining union Amcu.

The Association of Mining and Construction Union, which has filed papers in the Johannesburg High Court, accuses Samancor of being behind R7.5bn worth of corrupt and illegal financial practices.

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