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
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Campus to train youth in coding, data, and artificial intelligence Backed by Axian Group, France, and the European Union Project supports Togo’s...
Cabinda and Soyo terminals granted to SOGESTER for 20 years Move aims to cut transport costs and increase cargo and passenger traffic Strategy targets...
Ghana rolls out Publican AI at Tema Port, with early revenue rising from GH₵2.4bn to GH₵3.6bn after deployment System flags undervaluation and fraud...
Rice is deeply rooted in diets but demand now far outpaces local supply Production has increased across the region, yet value chains remain...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....