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GOLD
B2Gold restarts Nicaragua mine after illegal strike
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16th November 2009
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TORONTO (miningweekly.com) – Shares in Vancouver-based B2Gold were up 2,3% on Monday, after the company announced it has resumed normal operations at its Limon mine, in Nicaragua.

Production at Limon was halted by an illegal strike, but the dispute has now been resolved with union leaders after discussions involving both B2Gold and government officials, the firm said.

The mine is now operating at 100% of planned production levels.

“B2Gold hopes to work closely with the unions of the Limon mine and government officials to avoid further illegal strikes,” the firm said.

The company bought Limon, as well as the Orosi mine, earlier this year when it acquired Central Sun Mining.

Orosi was halted at the time for a project aimed at improving gold recoveries, but B2Gold said earlier this month it was on track to start production by the end of November.

The company is also exploring for gold in Colombia and Russia.

B2Gold shares were trading at C$0,90 apiece by 12:35 in Toronto on Monday.

Edited by: Liezel Hill
 
 
 
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