November 21, 2008

Inmet Mining announces end of Ok Tedi strike

Canadian based global mining company Inmet Mining Corporation announced that the unlawful strike action at the Ok Tedi mine has ended. Ok Tedi's management has advised that employees have agreed to an amicable return to work as of Saturday, March 15, 2008.

Inmet Mining in a statement said that the strike action will result in lost production of approximately 2,500 tonnes of copper contained in concentrates and 6,400 ounces of contained gold.