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Newmont to Restart Mexico Mine as Vote Ends Four-Month Strike.

Authors :
Attwood, James
Source :
Bloomberg.com; 10/6/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

Profit sharing for last year will be decided by Mexico's tax agency, while workers will get 10% of 2023 earnings as long as the company sees a net income gain, according to the statement. (Bloomberg) -- Workers at Mexico's biggest gold mine accepted operator Newmont Corp.'s proposal to end a four-month stoppage late Thursday. The strike marks the third labor dispute since Newmont bought Penasquito as part of its takeover of Goldcorp Inc. in 2019. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
172850257