(Bloomberg) -- Endeavour Mining Plc secured a decision from a court in Burkina Faso ordering that a strike at the company’s second biggest mine should end immediately. Most Read from Bloomberg Musk’s $55 Billion Pay Package Voided, Threatening World’s Biggest Fortune Trump Risks Losing More Than Half of Swing-State Voters If Found Guilty S&P 500 Has Its Worst Fed-Decision Day Since March: Markets Wrap Byron Allen’s Latest Takeover Bid: Paramount for $14 Billion NY Community Bancorp Plunges as Real Estate Risks Jolt Market The court issued an interim ruling on Tuesday that instructs “the expulsion of protesters” from the Hounde project, according to an internal company memo sent to employees on Jan. 30. The strike, which began on Jan. 21, has halted operations at the site. The memo said that anyone who refuses to obey the court’s order to cease the “illegal occupations of the workplace and its surroundings” is subject to fines. An Endeavour spokesman declined to comment. Read More: Endeavour Goes to Court to End Strike at Burkina Faso Gold Mine The mine accounted for almost 30% of the 1.1 million ounces of gold produced by Endeavour last year, according to company data. Output at Hounde is expected to drop 7% to 290,000 ounces in 2024. The company also has assets in Senegal and Ivory Coast. Most Read from Bloomberg Businessweek Chinese Students Abroad Struggle With Tuition as Economy Falters There’s So Much Data Even Spies Are Struggling to Find Secrets Basketball, Basketball, Basketball: Inside Steve Ballmer’s New $2 Billion Arena AI Can Speed Drug Discovery. But Is It Really Better Than a Human? Elon Musk’s Neuralink Performs Its First Human Implant ©2024 Bloomberg L.P.
Endeavour Wins Ruling to End Strike at Burkina Faso Gold Mine
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