Newmont’s Indonesia Strike Ends
By:
DailyMarkets.com
Posted on November 23, 2011 at 16:58 PM EST
Workers at Newmont Mining Corp.’s (NYSE:NEM) Indonesian unit ended their strike at the Batu Hijau copper and gold mine. The 400 workers reached an agreement with unions on a dispute over shifts. As per the company, workers have settled their differences regarding the calculation of overtime compensation. With the win-win solution, operation of the Batu [...]
Workers at Newmont Mining Corp.’s (NYSE:NEM) Indonesian unit ended their strike at the Batu Hijau copper and gold mine. The 400 workers reached an agreement with unions on a dispute over shifts.
As per the company, workers have settled their differences regarding the calculation of overtime compensation. With the win-win solution, operation of the Batu Hijau mine in Sumbawa Island has returned to normal.
However, the country’s longest-running mining dispute still continues at Freeport-McMoRan … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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