(Recasts with strike ending)
BUENOS AIRES May 29 A strike by one of the
labor unions at Barrick Gold Corp's Veladero mine in
Argentina, the site of three cyanide solution spills in 18
months, has ended, the company said on Monday.
Formal talks have started with the union to address their
concerns, Barrick said in a statement. It did not say what these
The AOMA union could not immediately be reached for comment.
The strike, which began early on Sunday, was the latest blow
to hit the mine, one of Barrick's five core operations.
Leaching activities at Veladero have been restricted since
March 29 when a pipe carrying cyanide solution used for
processing gold from ore failed at the mine's heap leach
Construction in the heap leach valley that is needed for
full operations to resume at the mine was not affected by the
work stoppage, Barrick said. It said it still expects to resume
normal leaching activities in the second half of June.
The government of Argentina's San Juan province, where
Veladero is located, said earlier this month that it had
approved a plan for improving safety following the facility's
most recent cyanide solution spill.
Barrick's stock was little changed, up 5 Canadian cents at
C$22.08 on the Toronto Stock Exchange.
Barrick, the world's biggest gold producer, agreed in April
to sell 50 percent of Veladero to China's Shandong Gold Mining
Co Ltd for $960 million.
(Reporting by Nicolas Misculin in Buenos Aires and Parikshit
Mishra in Bengaluru; Writing by Hugh Bronstein and Nicole
Mordant; Editing by Steve Orlofsky and Sandra Maler)