Newcrest monitoring post election security after Cote d'Ivoire elections
The Australian miner whose Bonikro mine is situated about 250kms north-west of Abidjan says it is "closely" monitoring the current political situation in the country
Posted: Monday , 06 Dec 2010
Big Australian gold miner Newcrest Mining Ltd is monitoring affairs in Cote d'Ivore where it has a gold mine.
Newcrest said today that it was monitoring "closely" the political and security situation in Cote d'Ivoire following a period of elections in that country.
Newcrest's Bonikro mine is near Hire, about 250 kilometres north-west of the commercial capital, Abidjan.
The company said a number of precautionary measures have been in place throughout the election period to ensure the safety and security of all employees, including restrictions on non-essential travel.
"Over the weekend, as a further precautionary measure, mine operations were temporarily suspended. Plans are in place to recommence operations as soon as possible," the company said.
A detailed security plan was in place and includes provision for a temporary evacuation of employees should the situation deteriorate. Steps were also in place to safeguard mine assets.
Close contact was being maintained with the authorities, including relevant consular and embassy officials.
Newcrest's operations in Cote d'Ivoire were acquired recently following the Lihir Gold Ltd acquisition.
They comprise the Bonikro operation -- which produces about 120,000 ounces of gold per annum -- and exploration activities.