PSLV - More Trouble In Mexico: Second Largest Silver Mine Suspended Operations
In just a little more than a week after the mighty Newmont-Goldcorp (NEM) merger was finalized, the company suspended operations of its largest gold-silver mine in Mexico. The Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in a single year, has been dealing with a blockade of its operations since March 27th.
The blockade was started due to issues with the local community in regards to water supply concerns and problems with a trucking contractor. However, the protests by the local community over water rights have