NEM - Newmont And Mexican Union Reach Agreement To End Peñasquito Gold Mine Strike | Benzinga
Newmont Corporation (NYSE: NEM) has reached an agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic to end the strike initiated by the union on June 7, 2023.
The strike occurred at the company’s Peñasquito mine located in the Mexican state of Zacatecas.
The union had demanded the company pay additional profit sharing, equivalent to double the amount agreed upon one ...