South African gold miners reach settlement in lung disease lawsuit [Seeking Alpha]
Gold Fields Limited American Depositary Shares (GFI)
US:NYSE Investor Relations:
goldfields.com/investors.php
Company Research
Source: Seeking Alpha
South African gold miners reach settlement in lung disease lawsuitMining companies operating in South Africa agree tosettle a class-action lawsuit from workers who say they contracted deadly lung diseases in the country's gold mines.The companies involved in the settlement are Anglo American (OTCQX:AAUKF,OTCPK:AAUKY), African Rainbow Minerals (OTCPK:AFRBY), AngloGold Ashanti (NYSE:AU), Gold Fields (NYSE:GFI), Harmony Gold (NYSE:HMY) and Sibanye Gold (NYSE:SBGL).The settlement provides for compensation for all eligible workers suffering from silicosis or tuberculosis who worked in the companies’ mines at any point since March 1965; the six producers last year set aside ~5B rand ($396M) to settle the lawsuit.The agreement was reached following three years of negotiations and is the first class action settlement of its kind in South Africa.Click to subscribe to real-time analytics on AAUKFNow read:Harmony Gold Mining (HMY) Presents At European Gold Forum - Slideshow »
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GFI
Sec Filings
- 4/4/24 - Form 6-K
- 4/2/24 - Form 6-K
- 4/2/24 - Form 6-K
- GFI's page on the SEC website