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
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the...
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Sudan to deploy USSD services to expand access to digital banking Technology enables low-cost transactions via mobile phones without...
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...