Losses due to strike were $1 million per day
CONAKRY (Reuters) — Operations at Societe Miniere de Boke's bauxite mine in Guinea have restarted following a nearly two-week strike that caused a halt in production of the aluminum ore, the company's managing director said on Wednesday.
The company — owned by Guinea, China's Winning Shipping, Shandong Weiqiao and UMS International — said on Monday it had already lost between 1 million to 1.2 million tonnes of scheduled bauxite production because of the strike.
Losses due to the strike had been running to $1 million a day.
“The overwhelming majority of workers went back to work this morning even if there are a few scattered blockages without any impact on shipments,” Frederic Bouzigues told Reuters in a text message.
Guinea's volatile western town of Boke frequently suffers strikes and protests from a local population that feels largely excluded from its vast mineral wealth, including both mining employees and those who failed to find work in its mines.