Create FREE account or log in

to receive MINING.COM digests


Worker strike forces IAMGOLD to suspend operations at Suriname mine

Rosebel Gold Mine in Suriname. Photo by IAMGOLD.

Canada’s IAMGOLD (TSX: IMG) has triggered force majeure to suspend operations at its Rosebel Gold Mine in Suriname because some unionized employees have started a work stoppage.

In a press release, the miner said the strike is a breach of the Collective Labour Agreement that prescribes a number of procedures in the event of a dispute between Rosebel and Rosebell Werknemers Organisatie. The company also said it has prepared legal actions against the union.

The action comes as a surprise to IAMGOLD, as a new two-year collective agreement was finalized at Rosebel on September 14, 2018.

The 170-square-kilometre gold mine, 5% of which is owned by the Suriname government and the rest by the Toronto-based miner, is located in the northeastern part of the South American country, approximately 85 kilometres south of the capital city of Paramaribo.

The open-pit operation began commercial production in 2004 and at the end of 2016 had produced 4.4 million ounces of gold.

More News