R/€ = 19.48 Change: -0.08
R/$ = 17.54 Change: -0.03
Au 1729.33 $/oz Change: 8.24
Pt 838.25 $/oz Change: 6.31
 
 
R/€ = 19.48 Change: -0.08
R/$ = 17.54 Change: -0.03
Au 1729.33 $/oz Change: 8.24
Pt 838.25 $/oz Change: 6.31
 
 
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Kinross strike in Mauritania suspended

22nd May 2020 BY: Creamer Media Reporter

Unionised employees at the Tasiast mine, in Mauritania, have suspended their strike at the request of the government, TSX- and NYSE-listed Kinross Gold reported on Friday.

The company affirmed that the shutdown would not have a material impact on its 2020 production, or the development of the 24k expansion project.

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“The company has adhered to the three-year collective labour agreement finalised in the fourth quarter of 2019, all applicable labour codes, and rigorously complied with all government mandates related to Covid-19 prior to the strike and will continue to do so going forward,” the gold miner said.

The strike started on May 5 and ended on May 22. 

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EDITED BY: Creamer Media Reporter
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