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Alias Born 03/20/2004

FL

Re: None

Tuesday, 06/22/2004 8:25:46 AM

Tuesday, June 22, 2004 8:25:46 AM

Post# of 2138
AngloGold Ashanti (AU) strike in Mali ends
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June 22, 2004
Johannesburg - AngloGold Ashanti workers at the Morila mine in Mali had returned to work after a three-day strike over bonuses, Randgold Resources, which owns 40 percent of the mine, said yesterday.

The stoppage would hurt the mine's gold production for the second quarter, Randgold said.

Workers were unhappy with the bonuses they received after the mine almost tripled production in the third quarter of 2002 from the preceding quarter, when it mined ore containing more gold than it had expected, cutting costs by 55 percent and boosting profit. The strike was called for three days and ended as scheduled.
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