Resolute Mining Syama gold mine, West Africa to enter strike

Company News

by Jessica Amir

Resolute Mining (ASX:RSG) has been served with a notice that its staff at its West African mine, in Mali, will be on a 120-hour strike order, from midnight Monday 31 July 2017.

The gold producer received the notice from the local union committee, enforcing its 1,800 staff at its Syama Gold Mine to go on a strike (despite only 490 employees being union members). 

Resolute Mining says the strike action will not affect surface or underground mining and it will not have a material effect on gold production.

The company also confirmed the strike action will not impact its FY18 production guidance of 300,000 ounces or its All-In Sustaining Costs of $1,280 per ounce.

Shares in Resolute Mining (ASX:RSG) last traded over 2.8 per cent lower on Friday $1.04.
 

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