Production resumes at Turk Mine

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Underground workers at Turk and Angelus gold mines who went on strike last week have returned to work with the mining firms saying the work stoppage resulted in minimal impact to gold production.

The mines are situated 40km outside Bulawayo.
Parent company Toronto Stock Exchange-listed New Dawn Mining Corporation in a trading update said production had since resumed at the mines.

The previously reported illegal and unprotected work stoppage by a portion of its underground workforce at its Turk and Angelus mines in Zimbabwe has ended and full mining operations have resumed, said New Dawn.

The short nature of the work stoppage and managements ability to resolve the situation in a timely and efficient manner, resulted in minimal impact to gold production said the company in a statement.

Last week New Dawn said the work stoppage was both illegal and unprotected and resulted in minimal impact on gold production and the mines output in the current quarter.

The firm had raised concern that if the industrial action was not resolved early, it could have significant impact on production.

New Dawn has five mines that are currently operational and producing gold in Zimbabwe and is currently expanding production to reach a targeted run rate of approximately 60 000 ounces of annualised gold production by December.

The mining group has indicated it is targeting further increasing production at its existing properties to a run rate of 100 000 ounces of annualised gold production by December 2014.