Latest update November 28th, 2024 3:00 AM
Latest News
- $99B spent on Wales Gas plants to date, 58% of works completed – Prime Minister tells Parliament
- National Assembly clears $456M in Contingency Fund advances
- Hell and high water: Gaza waits for a ceasefire of its own
- Fire Service issues stern warning against maliciously set fires
- Miner stabbed to death during argument at ‘Honey Camp’
AGM rehires laid off employees
Kaieteur News – Due to the efforts by Aurora Gold Mines (AGM), now Zijin Mining Group, to complete the preparation for the full resumption of operations, a number of former and new employees were hired. These and other details were revealed by AGM in a missive to President of the National Mine Workers Union of Guyana, Shervin Downer.
In last August, Zijin Mining Group, one of the largest gold, copper and zinc producers in China, secured the acquisition of Guyana Goldfields for Canadian $323 million.
But with the company’s arrival to Guyana’s shores, comes its deadly and environmentally unsound, past. The company is plagued with several instances of grave and disastrous impact. Here are two of the worst. In 2010, Zijin was forced to approve a payout of US$7.5M to various individuals, after a dam collapsed at a tin mine, owned by its subsidiary, Xinyi Zijin, killing 28 people.
Reuters reported that 523 homes were destroyed in the Guangdong province due to the collapse.
Notwithstanding, AGM, now under Zijin’s management, indicated that it has also engaged contractor, Sinohydro Corporation Limited, for the stripping and mining activities at its mines at Aurora.
“In this regard,” the letter said, “The Company has decided to transfer those employees who were hired by AGM to work for the contractor Sinohydro. The total number of employees who would be affected in this exercise in the initial stage will be a total of 141which includes a total of 24 permanent employees and 117 employees who were hired on a three months contract.”
It went on to state that the effective date of termination and transfer for the permanent employees is November 1, 2020, while adding that the contracted employees which transition to the contractor will commence from December 14, 2020 until January 2021, during which time their various 3 months contracts will expire and their transition to Sinohydro will commence.
The letter further indicated that all of these employees shall continue to benefit from all of their previously applied conditions “which shall be no less favourable and they shall continue to enjoy their representation of the recognized labour union.”
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
The illusion of compliance
…Peeping Tom Kaieteur News- A company can meet the letter of the law. It can tick every box, hit every target. Yet,... more
Rising Gun Crimes in the Caribbean: Urgent Action required by all
By Sir Ronald Sanders Kaieteur News – There is an alarming surge in gun-related violence, particularly among younger... more
Weekend Cartoon
