- Write by:
-
Wednesday, June 16, 2021 - 14:19:31
-
711 Visit
-
Print
Mining News Pro - Mexico’s government said on Tuesday a mine run by Canadian firm Americas Gold and Silver Corp in Cosala in the northern state of Sinaloa is on track to reopen after a longstanding labor dispute.
“I’ve been informed of a decision taken to reopen the mine in Cosala, Sinaloa. A deal is being reached. It’s moving forward,” President Andres Manuel Lopez Obrador told reporters during a regular government news conference.
The mine produces silver, lead and zinc, according to the company’s website.
The firm, which says it has been subject to extortion and organized crime and that the San Rafael mine in Cosala has been the target of an illegal blockade for over a year, said it welcomed Mexico’s commitment to reopening the mine.
“The company … remains committed to the community of Cosala, the company’s workers and their families, and stands ready to bring the workers back to work as soon as possible once the illegal blockade is removed,” it said in a statement.
Americas Gold and Silver said it looked forward to re-gaining control of the mine, inspecting the facilities and recalling all of the workers within a month of possession.
“Ultimately, the company must continue to rely on the authorities in Mexico to ensure this occurs according to desired timing,” the company added.
On Monday, the Mexican government said health and safety inspections would be carried out at the mine within the next three weeks, and that efforts by officials, the company and workers to allow the site to reopen were continuing.
Short Link:
https://www.miningnews.ir/En/News/614664
Record prices of gold and copper are buoying the spirits of mining leaders gathered in the Peruvian capital this week.
Solaris Resources has scrapped plans to sell a minority stake to China’s Zijin Mining Group because it feared the deal ...
An employee died Sunday at a Nutrien potash mine in Saskatchewan, temporarily shuttering the operation as the company ...
Gold touched a new record of $2,450 an ounce on Monday as increasing optimism over the Federal Reserve’s monetary policy ...
Spot silver surpassed $30 an ounce to hit the highest level in more than a decade.
The International Centre for Settlement of Investment Disputes (ICSID) ruled in favour of Peru in a decade-long dispute ...
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, ...
Africa-focused Montage Gold announced Thursday it has received a ministerial order granting all environmental approvals ...
Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian ...
No comments have been posted yet ...