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Wednesday, October 5, 2011

Rio Tinto's Rossing mine, union reach reach incentive deal

Wed Oct 5, 2011

WINDHOEK Oct 5 (Reuters) - The management at Rio Tinto's Rossing mine in Namibia said on Wednesday it had reached a deal with the local union over production incentives, ending an ongoing battle that has disrupted output at the uranium producer.

"We have reached an agreement that has been accepted by both parties and provides benefits to employees as well as to the company," the company and the union said in a joint statement.

(sourced Reuters)

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