This week, Randgold Resources announced the resumption of its activities at Tongon gold mine in Côte d’Ivoire following the lifting of a lock-out imposed on the workers after a long illegal strike.
According to a statement published by the company, the management, workers, community leaders, and the government reached an agreement under which, the workers will be “re-employed in phases aligned to the start-up of the mine’s various sections”. The agreement also stipulates that the previous discussions which were aimed at stopping the occasional social problems at the mine should resume where they were stopped.
Because of that labor disruption, Randgold revised Tongon mine’s 2018 production forecast which is now estimated at 230,000 ounces.
Randgold Resources employs more than 1,700 workers (including 40 expatriates). Since 2010 when Tongon mine entered into production, it has produced more than 2.7 million ounces of gold.
Louis-Nino Kansoun
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Cemac developing system to track informal cross-border trade data Regional workshop trains experts on mapping flows and estimating...
Altona lists on US OTCQB to access American capital Move supports Mozambique Monte Muambe rare earths project development Listing aligns with US push...
Cameroon banana exports jump 36% to 27,674 tons in January Growth driven by French group subsidiaries PHP and CDBM Compagnie Fruitière dominance to...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...