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Resolute Mining scraps 2020 targets on Mali strike threat

Sep 9, 2020

Source: https://www.mining.com/resolute-mining-scraps-2020-targets-on-mali-strike-threat/

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Syama gold mine, in Mali. (Image courtesy of Resolute Mining.)

Australia’s Resolute Mining (ASX, LON: RSG) withdrew on Wednesday its production and costs guidance for 2020 after unionized workers at its Syama gold mine in Mali notified the company of a looming a 10-day strike.

The miner, which expected to churn out 430,000 ounces of gold at an all-in sustaining cost of $980 per ounce, said the union is threatening with downing tools unless the company resumes full pay to employees affected by covid-19 measures.

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Syama gold mine, in Mali. (Image courtesy of Resolute Mining.)

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