trending Market Intelligence /marketintelligence/en/news-insights/trending/1X0vG9xIK91InAJdwkgtCg2 content esgSubNav
In This List

Torex claims majority of El Limon-Guajes mine workers vote to return to work

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

Blog

Essential Metals & Mining Insights - September 2021


Torex claims majority of El Limon-Guajes mine workers vote to return to work

Torex Gold Resources Inc. said Dec. 15 that a majority of the workers at its El Limon-Guajes gold mine in Mexico voted to return to work immediately during the company-organized off-site voting for 520 employees who are eligible to join a union.

Only 274 workers were able to attend the vote, 99% of whom voted to end the blockade to the mine, but the company claimed more employees would have attended if not for the intimidation of Los Mineros, the raiding union at the El Limon-Guajes mine.

Los Mineros illegally blockaded the main gate to the mine in early November. According to Torex, it continued to pay the salaries of all the employees, except those who participated in the protest, despite not being able to operate for the past six weeks since the blockade.

"With such an overwhelming show of support by our employees through this vote, we hope Los Mineros will remove its illegal blockade and let workers get back to work so that they can provide a good Christmas for their families," Torex President and CEO Fred Stanford said, adding that Los Mineros does not represent the company's union-eligible employees.

Torex also said if the blockade continues, it will not be able to continue compensating workers in Mexico beyond Dec. 15, with the exception of a small group for security and other essential duties.