TORONTO Feb 22 Gammon Gold Inc GAM.TO said
on Tuesday that it is in advanced discussions with its union at
the El Cubo gold mine in Mexico, in a bid to end an 8-month
strike at the site.
The Toronto-based junior miner said it is optimistic that a
resolution to the strike will be finalized in the near term,
but stressed that a definitive agreement with the union has not
yet been reached. Some recent media reports in Mexico had
indicated that the strike had ended.
The company said that at this time the union continues to
restrict access to the mine facilities. However, the two sides
are set to inspect the underground mine on Tuesday, to chalk
out work that needs to get done, before mining activities at
the site resume.
Workers at the site went on strike in June 2010, after
claiming that the company had failed to honor a profit-sharing
(Reporting by Euan Rocha, editing by Gerald E. McCormick)