Breaking News

New Dawn reports end of work stoppage at Dalny mine

by Business reporter
29 January 2013 | 2728 Views
New Dawn Mining announced that the illegal and unprotected work stoppage at its Dalny Mine in Zimbabwe, as previously reported on January 16, 2013, has ended.
 
The illegal work stoppage ended as a result of a Disposal Order issued in the Labour Court of Zimbabwe on January 25, 2013, which order declared, among other things, that the collective job action was unlawful, and that it be terminated forthwith and that employees should report for work immediately. As a result of the issuance of the Disposal Order, the employees returned to work, allowing the Company to resume limited gold mining operations at Dalny Mine. In accordance with the Disposal Order and applicable regulations, the Company implemented its standard internal processes as a result of this work stoppage.
 
Subsequent to the resumption of limited mining operations, Dalny Mine has been subject to disruptive actions by people who are not employees. These actions have impacted the continued resumption of operations at the mine and the Company's efforts to restore mine operations to economically viable levels.
 
Although mining operations had recently resumed at Dalny Mine, gold production had not reached the levels achieved prior to the work stoppage. Management is continuing to work on a mine recovery plan that it expects will incorporate changes to the Dalny Mine operating plan. The loss of gold production during the work stoppage, combined with the previously reported power issues at Dalny Mine, have further exacerbated the stresses on the Company's operations and working capital. As a result, the Company is reviewing and revising its business strategies to recognise changing operating and financial parameters.
 
The Company will provide further updates to shareholders as appropriate.


New Dawn

Source: Byo24News

Does Prophet Magaya's anointing oil work?

Yes
17.42%
No
71.21%
Spiritual matters
11.36%
396

Comments

News Updates

Email:

Latest News

Maleme Issue: Open letter to Hon. VP Phelekezela Mphoko - Honourable V...

by Khumbulani Maphosa | 27 February 2015 | 562 Views

Fistfights at MDC-T Bulawayo meeting - Police were called in when fist...

by Bhebhe Mandla | 27 February 2015 | 928 Views

Watch Mugabe's Bob@91 birthday gala - live - The Zimbabwe Broadcastin...

by Staff reporter | 27 February 2015 | 1325 Views

Kiya kiya Chinamasa to reschedule government debt repayments but for h...

by Wilbert Mukori | 27 February 2015 | 1001 Views

An open letter to hon VP Mphoko - Matebeleland People in Diaspora woul...

by Matebeleland People in Diaspora | 27 February 2015 | 1264 Views

Morgan Tsvangirai under fire - The Head of Zimbabwe's parliamentary de...

by Staff reporter | 27 February 2015 | 1631 Views

Victoria Falls explodes as Mugabe arrives - President Robert Mugabe h...

by Staff reporter | 27 February 2015 | 1350 Views

Zanu-PF, CIO desperate to infiltrate the MDC-T - It is beyond debate t...

by Obert Gutu | 27 February 2015 | 1988 Views

1 471 defaulters apply for Zimra tax amnesty - 1 471 defaulters have s...

by Funny Hudzerema | 27 February 2015 | 873 Views

Jane Mutasa bid to stop Telecel EGM fails - Key shareholder Dr Jane M...

by Tawanda Musarurwa | 27 February 2015 | 710 Views

Dr James Makamba opens up on Telecel debacle - The current problems ho...

by Staff reporter | 27 February 2015 | 1408 Views

Mujuru allies stop Grace Mugabe

by Itai Mushekwe | 27 February 2015 | 5849 Views

MDC-United doomed to fail, says MDC-T - Morgan Tsvangirai's MDC has sl...

by Staff reporter | 27 February 2015 | 1521 Views

Zanu-PF splits as Mutasa digs in - Two Zanu-PF formations are now effe...

by Staff reporter | 27 February 2015 | 3181 Views

Mnangagwa contradicts Mugabe - Suddenly newly-appointed Vice President...

by Staff reporter | 27 February 2015 | 2555 Views

Caps United plot Bosso upset - Caps United head coach, Mark Harrison h...

by Staff reporter | 27 February 2015 | 1243 Views

Keep your Europe and we keep our Mugabe - The European Union (EU) has ...

by Tafara Shumba | 27 February 2015 | 2066 Views

Didymus Mutasa a Political Bastard

by Suitable Kajau | 27 February 2015 | 2211 Views

Watch LIVE streaming of Mugabe's 91st birthday party - The Zimbabwe Br...

by Staff reporter | 27 February 2015 | 2852 Views

Grace Mugabe deserves ministerial post - EDITOR,It is worrisome that s...

by Chido Chikuni, | 27 February 2015 | 2627 Views

Chanakira mourns AfrAsia collapse - KINGDOM Bank founder Nigel Chanaki...

by Charity Ruzvidzo | 27 February 2015 | 2766 Views

Thousands attend Prophet Magaya's one day healing service - Thousands ...

by Staff reporter | 27 February 2015 | 2531 Views

Bosso miss opportunity to cash in on Prophet Magaya crusade - HIGHLAND...

by Pamela Shumba and Bongani Ndlovu | 27 February 2015 | 2612 Views

Mugabe's big 91 birthday bash - Zimbabwe's Robert Mugabe, the oldest l...

by Columbus Mavhunga, Monika Guarino (AP/AFP/dpa) | 27 February 2015 | 1502 Views

Mutasa, Mliswa to be recalled from parliament - ZANU-PF administration...

by Staff Reporter | 27 February 2015 | 2002 Views

Mugabe's problem with Mujuru doctorate - PRESIDENT Robert Mugabe has c...

by Staff Reporter | 27 February 2015 | 3944 Views

Zimbabwe: Africa's best-kept secret? - I don't know what I was expect...

by Anna Rosenberg | 27 February 2015 | 2375 Views

Delma Lupepe's fall from glory continues

by Staff reporter | 27 February 2015 | 5514 Views

Entertainment

Popular Zim dancehall chanter arrested for fraud

by Liberty Dube | 27 February 2015 | 1841 Views

Group pens song for Mugabe - A 7-member group from Acturus has release...

by Staff reporter | 21 February 2015 | 1599 Views

Mathias Mhere saga takes new twist - Gift Mahlupeka, who allegedly che...

by Staff reporter | 20 February 2015 | 9559 Views

Mlambos Express Band flies Matabeleland Flag - Mlambos Express Band po...

by Entertainment Reporter | 20 February 2015 | 3039 Views

Will Smith's marriage is pretty much dead - For the past 18 years, Wil...

by BlackAmericaWeb | 19 February 2015 | 6525 Views

Bulawayo musician urges artists to work together

by Staff Reporter | 19 February 2015 | 2378 Views
iBlog

Four In 10 Americans Face Regular Online Fraud Attacks

Microsoft offers four primary tips to help protect users from identity theft:• be selfish and defensive with personal information by not sharing sensitive details in emails, and instant and text messages• create, use and keep secret so-called “... Read More
SecNews 24 October 2014 ago

Protect Your Greatest Small Business Asset: Time

if your work week is way more than 40 hours, your smartphone is glued to your hand, and your to-do list is multiple pages of overdue tasks—you know how valuable every minute of your time is.your smartphone and tablet make doing business from anyw... Read More
Sergey 05 September 2014 ago