This is the third time in two years that protests have halted activity at the Los Filos mine in Mexico. Read on
The blockade stopped the delivery of certain supplies that are required to maintain the mine’s operations, the company said in a press release, calling it “illegal” without providing any further details.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Located about 180 kilometres south of Mexico City, Los Filos is the company’s biggest mine in terms of production, which began in 2008. In 2022, it’s expected to produce about 155,000 to 170,000 ounces of gold. Equinox has seven producing gold mines and a strong growth profile from three development projects and two expansion projects. The company operates entirely in the Americas, with two projects in the United States, two in Mexico and five in Brazil.Article content
This is the third time in two years that Equinox has had to suspend operations due to a blockade. In September , a road blockade by members of the Carrizalillo community, who alleged non-compliance with a community agreement, suspended most work at the mine for about three months before Equinox and the members settled the issue.last year, the company shut the mine again for nearly two months because of a blockade organized by a group of unionized employees and members of the Xochipala community. Equinox said the groups were “demanding payments in excess of their contractual agreements.
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