Friday, May 14, 2010

Anglo American Ltd. sells Lisheen Mines, Thurles.

Anglo American Ltd. has agreed, subject to regulatory approval, it's zinc mine at Lisheen just outside Thurles for €308m. Lisheen currently employ in excess of 370 people of which 70% are local.The mine is set to wind down in 2014. The Lisheen workers will continue to enjoy the full protection of Irish and EU Employment Law.