TORONTO – Kinross Gold Corp. (TSX:K) says a strike by unionized employees at its Tasiast mine in Mauritania has ended.
The strike, which began Aug. 8, had “minimal” impact on gold production at the mine and is not expected to negatively impact the company’s guidance on production, Kinross said.
The gold miner has said the strike started after the two sides failed to resolve “certain outstanding issues.”
Kinross says unionized employees began returning to work Monday, but provided no details about how the dispute was resolved.
The Tasiast mine produced about 185,000 gold equivalent ounces in 2012 and Kinross had been exploring a US$2.7-billion expansion. Those plans were recently put on hold amid volatility in gold prices.
Kinross has mines and projects in Brazil, Chile, Ghana, Mauritania, Russia and the United States.