Village Main Reef postpones potential job cuts until lockdown ends

South African gold miner Village Main Reef, which planned a turnaround of its operations that could lead to job cuts, said on Wednesday it had agreed to postpone the retrenchment process until after the nationwide coronavirus lockdown. The unlisted miner, controlled by China-based parent company Heaven Sent Gold, said it met with the mines minister earlier in April and agreed that the process would be halted until after the lockdown.