Australia's largest stock trading and investment forum Australia's #1 stock forum

TRY

0.00%

3.0¢ troy resources limited

Ann: Extension of Voluntary Suspension, page-111

First 111 Last

Share
Profile

Follow
rcman

32,621 Posts.

1514

20/11/19

13:53

Post #: 41531392
Share

Originally posted by Justis ↑

Not sure if try action were done deliberately to get a reaction from government but seems government are scrambling to get try to restart operations and re-employ those workers

Cabinet was today briefed on the dismissal of about 300 workers by Troy Resources, the Australian gold mining company.

“Cabinet is most distressed by the action taken by Troy Resources and considers the dismissal as drastic and unconscionable, particularly at this time when we are heading into the Christmas season. It came without reasonable notice being given to the workers, their union or the ministries of

Social Protection and Natural Resources,” the body noted in a statement moments ago.
The Cabinet issued a call to the company to take all measures to ensure that its action does not bring further distress to workers and their families.

“Cabinet has appointed a sub-committee to further examine this matter and engage Troy Resources with a view to reactivating its mining operations expeditiously.”

Cabinet said that it empathises with the affected workers and assures each of them that it will take steps to protect their rights and to bring redress in the shortest possible time.

The termination of workers comes almost two weeks after the Social Protection Minister, Amna Ally said that there was “no love lost” for the company after a cease work order was issued to facilitate an investigation surrounding the pit cave-in that claimed the life of technician, Ryan Taylor.

https://www.guyanastandard.com/2019...ppoints-subcommittee-to-examine-terminations/

Expand

so does the gov expect them to keep paying these workers whilst the companies shut down...lol what a fing joke.

TRY Price at posting: 11.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

The market's shrugged at China's stimulus measures all year. Why is this one different?

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

The winners & losers on market if negative gearing were gone

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

There are more pages in this discussion • 57 more messages in this thread...

First 111 Last

Add TRY (ASX) to my watchlist

Ann: Extension of Voluntary Suspension, page-111

Top Stories

ACCC seeks Olam divestments before it can buy Namoi Cotton

The market's shrugged at China's stimulus measures all year. Why is this one different?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

The winners & losers on market if negative gearing were gone

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Featured News