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Sector
Basic Materials
Size
Small Cap
Market Cap £316.8m
Enterprise Value £470.7m
Revenue £432.3m
Position in Universe 726th / 1813

Mali union calls five-day general strike next week over pay claim

Sat 15th May, 2021 1:04pm
BAMAKO, May 15 (Reuters) - Mali's main union will start a
five-day strike on Monday which could impact the West African
country's gold mining sector, its secretary-general said on
state television. 
    The National Union of Malian Workers (UNTM), which says it
represents 80% of unionised workers in the country, including
miners, teachers and health workers, has called the action in
support of better pay.
    The government has repeatedly said the budget cannot afford
to meet the salary demands of the union. 
    "The strike notice remains in force due to a lack of a
agreement with the government," UNTM chief Yacouba Katile said
on Friday.
    It follows a similar strike in December, when a number of
big international gold mining firms said they were not affected.
 urn:newsml:reuters.com:*:nL1N2IU1NJ
    Mali is one of Africa’s largest gold producers. Companies
operating in the country include Barrick Gold Corp  ABX.TO  and
Resolute Mining  RSG.AX .
    There was no immediate comment from mining companies about
the latest industrial action.

 (Reporting by Tiemoko Diallo; Writing by Alessandra Prentice;
Editing by Mike Harrison)
 ((Alessandra.prentice@tr.com))
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