- Write by:
-
Thursday, September 10, 2020 - 10:46:24 PM
-
719 Visit
-
Print
Mining News Pro - Australia’s Resolute Mining on Wednesday withdrew its production and costs guidance for 2020 after unionized workers at its Syama gold mine in Mali notified the company of a looming 10-day strike.
The miner, which expected to churn out 430,000 ounces of gold at an all-in sustaining cost of $980 per ounce, said the union is threatening to down tools unless the company resumes full pay to employees affected by covid-19 measures.
“Resolute has implemented a comprehensive, company-wide response to the coronavirus pandemic,” it said. “At Syama, a decision has been made to limit the travel of non-essential workers from outside the surrounding region to the mine site to limit the risk of transmission of the virus.”
The gold miner added it had informed the union the company considers the strike notice “irresponsible” and “opportunistic.” It also said the threat represented a breach of the commitments made in a workforce stability agreement for the mine.
Resolute Mining said it was considering how to respond to the strike notice, adding it intended to continue to seek the union’s understanding and support for appropriate actions.
The miner reported in August strong results for the first six months of the year, with revenue reaching $305 million from gold sales.
It also noted at the time that it didn’t expect Syama operations to be affected by the recent coup in Mali.
Short Link:
https://www.miningnews.ir/En/News/597849
Vista Gold has released an updated feasibility study for its Mt Todd gold project in Northern Territory, Australia, to ...
Alcoa will buy Alumina in an all-stock deal that values the Australian firm at $2.2 billion, and makes the US company ...
Canada and Australia have agreed to promote shared priorities related to the extraction, processing, and refining of ...
Australia’s Syrah Resources said on Friday it will supply natural graphite product from its Balama graphite operations ...
The Australian government is considering a tax credit for companies that build processing facilities to boost the value ...
Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential ...
US aluminum producer Alcoa Corp. made a $2.2 billion offer to acquire its Australian joint-venture partner Alumina Ltd. ...
A headline published in The Age back in July 2003 reads: “[Andrew] Forrest has a grand $1.2bn plan for tiny Perth mining ...
Rio Tinto reported a 12% fall in annual underlying earnings on Wednesday, in line with forecasts, but paid a ...
No comments have been posted yet ...