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Kinross says three-week strike ends at Mauritania goldmine

Published 2016-06-13, 09:25 a/m
© Reuters.  Kinross says three-week strike ends at Mauritania goldmine
KGC
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June 13 (Reuters) - Kinross Gold Corp K.TO KGC.N said on
Monday a nearly three-week strike by unionized workers at its
Tasiast mine in Mauritania ended on Saturday.
The company said it would restart negotiations on a new
labor agreement and other issues within 10 days.
Employees retain the right to strike during negotiations
subject to Mauritanian labor laws, Kinross said.
Toronto-headquartered Kinross said it did not expect the
strike to affect a planned expansion at the mine.
Kinross approved in March a $300 million first-phase
expansion to double Tasiast's production and slash its
production costs.

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