Blockade lifted at Newmont Goldcorp Mexico mine; 11,000 oz gold output hit [Reuters]
Newmont Corporation (NEM)
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Source: Reuters
Blockade lifted at Newmont Goldcorp Mexico mine; 11,000 oz gold output hit - Reuters 2 Min Read MEXICO CITY (Reuters) - Newmont Goldcorp said on Wednesday a blockade that began on Sep. 14 at its Penasquito gold mine in Mexico in northern Zacatecas state has been lifted, though operations remained temporarily suspended. The blockade hit Penasquito’s third-quarter production by some 11,000 gold ounces, 1.7 million silver ounces, 13.7 million pounds of lead and 22.8 million pounds of zinc, the world’s biggest gold producer said in a statement. “The company continues to work closely with the federal and state governments toward a sustainable, long-term solution, and lifting of the blockade paves the way for the government-sponsored dialogue to resume,” Newmont Goldcorp said. The mine, one of Newmont Goldcorp’s largest, has suffered on and off blockades in recent years, most recently linked to truckers and claims its operations have affected local water supplies. Newmont Goldcorp has long
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