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Protesters end blockade at Goldcorp's Penasquito gold mine in Mexico

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Protesters end blockade at Goldcorp's Penasquito gold mine in Mexico

Protesters ended the blockade at the entrance to Goldcorp Inc.'s Penasquito gold mine on June 15 after agreeing to negotiate with the Canadian miner, Reuters reported June 16.

The demonstration, which began June 1, was led by local truck drivers who claim the company walked back on promises to hire locally.

Goldcorp's director of corporate affairs, Michael Harvey, said the nearly two-week protest did not affect work at the mine, noting that the company is "well organized to withstand these types of illegal blockades."

"There are always impacts, but our production forecasts have not changed," he added. The company had said that it might be forced to halt production due to the protest.

Penasquito delivered 476,000 ounces of gold in 2017, accounting for 18% of Goldcorp's total output.