Miners' Checks Bounce, Newmont Will Pay

ELKO, Nev. (AP) - Newmont Mining Corp. says it will cover the bounced paychecks of workers who were laid off in August from the Jerritt Canyon Mine by another mining outfit.

Yukon-Nevada Gold Corp., which operated the Jerritt Canyon Mine, laid off about 400 workers last month.

Yukon-Nevada also milled ore for Newmont, which placed a lien on some Yukon-Nevada accounts after the mine shut down.

A Newmont spokeswoman says the gesture will cost Newmont about $400,000.

Newmont, along with Toronto-based Barrick Gold Corp. and Great Basin College, also announced they will jointly fund $15,000 in scholarships for Great Basin College students who lost them after the mine in Elko County shut down.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 27858404 - kolotv.com/a?a=27858404
Gray Television, Inc.