Economic Calendar

Sunday, October 12, 2008

Uranium One Says Dominion Mine in South Africa Stays Closed

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By Nasreen Seria

Oct. 12 (Bloomberg) -- Uranium One Inc., a miner of the radioactive element in Africa and Central Asia, said its Dominion mine in South Africa remained shut for a third day in a labor dispute.

Talks with striking workers were suspended and the mine shut on Oct. 10 when the company fired 900 of the mine's 2,500 employees, Robert van Niekerk, executive vice president of technical services, said in a phone interview today. The Toronto- based company closed the mine because workers failed to comply with an order from the Labour Court to return to their jobs.

The strike began Oct. 7.

To contact the reporters on this story: Nasreen Seria in Johannesburg at nseria@bloomberg.net


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