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Newmont to Restart Mexico Mine as Vote Ends Four-Month Strike.
- 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]
- Subjects :
- CORPORATE profits
PROFIT-sharing
LABOR disputes
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 172850257