GOLD 1250.84 $/ozChange: 5.20
PLATINUM 1555.50 $/ozChange: 23.50
R/$ exchange 7.24Change: 0.06
R/€ exchange 9.29Change: 0.05
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Breaking News
 
 
GOLD
B2Gold restarts Nicaragua mine after illegal strike
0 COMMENTS  |  
ADD A COMMENT PRINT
 
 
16th November 2009
TEXT SIZE
Text Smaller Disabled Text Bigger
 

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
 
 
 
Hide Comments  
 
This article contains no Comments

 
 
All comments must be approved by our editors, click here to read the editorial guidelines for comments. Please allow some time for our editors to approve your comment after posting.
 * Required Fields

image
image
 *
 

 

image
image
 *
 

image
image
 

Verification Image

image
image
 * Please enter the text you see in the above image.