First Quantum Suspends Guelb Gold-Copper Mine Operations

The Globe and Mail reported that protesting workers have forced First Quantum to suspend mining operations at its Guelb gold-copper mine in Mauritania.

As quoted in the market news:

According to local reports, demonstrators clashed with security forces outside the Guelb Moghrein mine over the weekend as workers demanded better pay and conditions. One worker died in the clashes, although further details about the circumstances were muddied amid differing reports.

The company said in a statement:

First Quantum Minerals today announced that it has temporarily suspended normal operations at its Guelb Moghrein copper-gold mine in Mauritania due to illegal strike action by some unionized employees.

The company continues to work through a government-facilitated mediation process to achieve a resolution to the illegal strike and will update stakeholders as warranted.

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