Thursday, November 21African Digital Business Magazine

Tag: ounces

African News

IAMGOLD Fatality in Burkina Faso, West Africa

TSX: IMG    NYSE: IAG TORONTO, Nov., 2012 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") regrets to report that a gardener employed at our exploration office in Ouagadougou, Burkina Faso, drowned on November 1, 2012. The Company immediately notified all relevant government authorities and other stakeholders in Burkina Faso and is reviewing its safety precautions across the Company for its care and maintenance workers. The thoughts of management in Burkina Faso and throughout the company are with the family, friends and co-workers of the deceased. About IAMGOLD IAMGOLD (www.iamgold.com) is a leading mid-tier gold mining company producing approximately one million ounces annually from five gold mines (including current joint ventures) on three contine...
South Africa News

Gold Fields Limited: KDC East Mine Resumes Production

JOHANNESBURG, Nov. 6, 2012 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that employees this morning returned to work at its KDC East Mine (formerly Kloof) to resume production after a 23-day strike. All three of Gold Fields' operating mines in South Africa are now back in production. The mine had dismissed 8,100 employees on October 23 for participation in the unlawful strike over the preceding nine days. However, after a deal with the National Union of Mineworkers, the vast majority of them were reinstated to their previous positions. All employees are also eligible for benefits under the Chamber of Mines Settlement Agreement concluded on 25 October 2012. About Gold Fields Gold Fields is one of the world's largest unhedg...