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Dam Collapses At One Of Australia's Largest Gold Mines, Operations Temporarily Suspended

Kitco News

Operations at Newcrest Mining’s Cadia mine are temporarily suspended after a partial dam collapse following a series of earthquakes that hit New South Wales. Mine workers noticed the damage on Friday, Sydney Morning Herald reports, adding that “the tailings dams contain byproducts of mining and can contain materials which are harmful to the environment and human health.” Newcrest says it is conducting an investigation into the matter and the NSW Environmental Protection Agency is also inspecting the site. Some workers are reportedly concerned about safety, says National Secretary of the Australian Workers Union, Daniel Walton. “A lot of workers are worried that the mine is not taking this activity seriously enough and they do have concerns about safety,” Walton states.

By Anna Golubova of Kitco News;


Strikes Planned In Ghana If Gold Fields Dismisses More Than 2,000 Staff — Report

Sunday March 11, 2018 21:32

Protests and strikes are already planned by Ghana’s largest mining union if the government allows Gold Fields Ltd.’s local unit to fire more than 2,000 staff, Bloomberg reports. Gold Fields is in the process of employing a contractor to operate the Tarkwa location. “We will send a delegation to protest at the company’s next annual general meeting to let all shareholders know how their management is cheating workers,” Prince William Ankrah, general secretary of the 16,000-member Ghana Mine Workers Union, tells Bloomberg in an interview. “[Gold Fields is committing] acts of corporate greed aimed at amassing huge profits at the expense of Ghanaian mine workers.” Gold Fields wants a contractor to take over the Tarkwa operations later this year because the site’s mine life is too short to replace the aging equipment. The mine has an output of about 550,000 ounces of gold annually and could have up to six years of production left.

By Anna Golubova of Kitco News;

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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