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Torex Gold … miners back to work

Posted by ipso facto @ 9:30 on December 18, 2017  

Following a 40-day stoppage, employees of Minera Media Luna who work at El Limón-Guajes site in the Mexican state of Guerrero are going back to work.

Minera Media Luna is Canada’s Torex Gold Resources (TSX:TXG) wholly-owned subsidiary in the Latin American country. It operates the El Limón-Guajes project, one of the richest open-pit gold deposits in Mexico at a resource grade of 2.65 g/t.

Starting on November 6, 2017, some three dozen workers blocked the entrance of the mine near the town of Real de Limón, demanding the right to join the National Union of Mine, Metal, Steel and Allied Workers of the Mexican Republic, known as Los Mineros. The problem was that Media Luna had already signed an agreement with a different union.

To resolve the issue, the company organized a series of meetings with Los Mineros and a consultation process, which was supervised by a team of notary publics. According to a press release issued by Torex, following this consultation process, 274 of the 520 people eligible to participate agreed upon aborting the strike.


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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.