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Canada's Kinross suspends work at Mauritania gold mine

Published 2016-06-18, 11:17 p/m
© Reuters. Canada's Kinross suspends work at Mauritania gold mine
KGC
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NOUAKCHOTT, June 19 (Reuters) - Canada's Kinross Gold Corp
K.TO has suspended activity at its Tasiast mine in Mauritania
after the West African country ordered expatriates whose work
permits were invalid to stop working, a company source said.
The company "has decided to temporarily shut down the mine
following the withdrawal of invalid work permit of expatriates
by labor inspection", the source told Reuters late on Saturday.
"A lot of expatriates left the site as well as local staff.
There is only a small handful of people for the minimum
maintenance of the equipment", the source added.
"Nobody knows (how long it will last). It will depend on the
issue of the negotiations between the company and the
government."
In a statement, Mauritania's labour ministry said the
decision had been taken during a routine inspection and accused
the company of wanting to "escape its obligations".
Kinross Tasiast will "endorse full responsibility for the
consequences resulting from its action", the ministry added.
The stoppage comes one week after a nearly three-week strike
by unionized workers ended at Tasiast mine.
Kinross approved in March a $300 million first-phase
expansion to double Tasiast's production and slash its
production costs ( ID:nL3N1724A8 ).

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