NICARAGUA - Operations have resumed at GLENCAIRN GOLD's Limon gold mine after a three-week shutdown. Management was forced to suspend work when the road between the mine and mill was blockaded by ex-employees.
Trouble began when Glencairn reduced its workforce by 85 people, or 18%, as part of an overall cost-reduction program. The recent dispute involved a small number of the laid-off workers who demanded their jobs be reinstated. The Nicaraguan government has upheld the terminations, and the company has paid severance to the court as required by local law. The two sides are attempting to negotiate a permanent solution to the issue.
The 1,000-tonnes/day, underground Limon mine has been in continuous operation since 1941. Glencairn holds a 95% interest in the mine. (See also www.GlencairnGold.com.)
Comments