April 29 (Reuters) – Newmont Goldcorp Corp said on Monday it plans to suspend operations temporarily at its Peñasquito mine in Mexico due to a blockade by a trucking contractor and some members of the Cedros community.
The open-pit mine, in northern Zacatecas state, produced 272,000 ounces of gold in 2018, company figures show. It accounts for about 17 percent of Newmont Goldcorp’s net asset value, according to Scotiabank.
The blockade began on March 27, the company said in a statement, adding that it was working with Mexican authorities to resolve the issue. Continue Reading →