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Kinross announces suspension of strike at Tasiast mine
TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) announced today that the strike by unionized employees at its Tasiast
About this update from Kinross Gold Corporation
[{"type":"text","content":" TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) announced today that the strike by unionized employees at its Tasiast mine has been suspended at the request of the Government of Mauritania. The recent shutdown, which began on May 5th and ended today, is not expected to materially affect 2020 production or the development of the 24k expansion. The Company has adhered to the three-year collective labour agreement finalized in Q4 2019, all applicable labour codes, and rigorously complied with all government mandates related to COVID-19 prior to the strike and will continue to do so going forward. While the Company disagrees with the basis for the strike, it remains open to discussions with the staff delegates. 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 DiazSenior Director, Corporate Communicationsphone: [email protected] Investor Relations ContactTom Elliott Senior Vice-President, Investor Relations and Corporate Development phone: 416-365-3390 [email protected] Cautionary statement on forward-looking information All statements, other than statements of historical fact in this news release constitute \"forward-looking information\" or \"forward-looking statements\" within the meaning of certain securities laws, including the provi...