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Newmont suspends retrenchment exercise

June 5, 2014
Reading Time: 1 min read
Massive redundancy to hit Newmont Ghana
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Mining giant Newmont Ghana has temporarily halted plans to lay off 600 workers by the close of the second quarter of this year.

The latest move is in response to National Labour commission (NLC)’s directive yesterday.

Newmont was dragged to the commission by the Ghana Mineworkers Union (GMWU) over the retrenchment exercise.

Both parties presented their case to the NLC yesterday but the NLC ruled that Newmont should rather seek arbitration on the matter with the mine workers union.

Newmont’s regional Senior Vice President of Newmont’s Africa Operations Johan Ferreira in a press statement on NLC’s directive said the mining firm will comply with the directive and is hopeful the matter will be resolved quickly.

By:  Vivian Kai Mensah/citifmonline.com/Ghana

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