South American gold mine closed over union dispute following COVID-19 outbreak

By CanadianInvestor / June 17, 2020 / www.canadianinvestor.com / Article Link

Share this article

TORONTO - Iamgold Corp. [TSX-IMG, NYSE-IAG] says it has suspended operations at its Rosebel Gold Mine in the South American country of Suriname after seven people were diagnosed with COVID-19, sparking a showdown with its union.

The Canadian mining company says it proceeded with getting medical care and putting the individuals in quarantine while disinfecting their living quarters and work areas.

Operations were shut down, it said, when a conflict with the local union broke out over its attempt to support physical distancing by reducing the number of workers sharing accommodations.

It says it decided to suspend operations until appropriate controls are in place to protect all employees.

Iamgold says Rosebel's managers are in ongoing communication with employees, health authorities and the community.

The South American mine accounts for a little more than one-third of Iamgold's gold production. The company also operates the Essakane mine in Africa and the Westwood mine in Canada.

This report by The Canadian Press was first published June 17, 2020.

Companies in this story: (TSX:IMG)

The Canadian Press

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok