Unionized employees strike at Tasiast mine
Unionized employees strike at Tasiast mine
TORONTO, May 05, 2020 -- Following a strike notice filed by Tasiast staff delegates, unionized employees at Kinross Gold
Corporation’s (TSX:K; NYSE:KGC) Tasiast mine today initiated a strike action. The Company disagrees with the basis of the
strike notice but remains open to discussions with the staff delegates to resolve the situation.
Kinross has adhered to the collective labour agreement finalized in November 2019 and all applicable labour codes and is
disappointed that Tasiast staff delegates have decided to pursue this opportunistic course of action during the global
pandemic. The Company has rigorously complied with all government mandates related to COVID-19 and has continued to
prioritize the health and well-being of its employees while safely operating the mine and maintaining the significant benefits it
provides to the Mauritanian economy.
There have been four short labour actions at Tasiast since Kinross acquired the mine, the last being in 2016. The average
length of these labour actions have been approximately nine days, and none have had a material impact on the Company.
About Kinross Gold Corporation
Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Chile, Ghana,
Mauritania, and Russia. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock
Exchange (symbol:KGC).
Media Contact
Louie Diaz
Senior Director, Corporate Communications
phone: 416-369-6469
Investor Relations Contact
Tom Elliott
Senior Vice-President, Investor Relations and Corporate Development
phone: 416-365-3390
Source: Kinross Gold Corporation