Loading ...VANCOUVER, Oct. 3, 2016 /PRNewswire/ – GOLDCORP INC. (TSX: G, NYSE: GG) today announced a controlled shutdown of operations at its Peñasquito mine, following an illegal blockade by a trucking contractor that began September 26, 2016. Goldcorp recently undertook efforts to diversify its local transportation supply chain and distribute economic benefits to more local suppliers, while realizing cost efficiencies at the mine.
Goldcorp remains committed to respectful negotiations with the trucking contractor’s representatives. The Company has taken all necessary legal steps, including filing criminal charges against the protest leaders and awaits legal enforcement to ensure a swift and orderly end to the illegal blockade.
A comprehensive contingency plan is in place during this shutdown of operations that will enable mining and processing to be restarted immediately following resolution of the matter.
cont. http://finance.yahoo.com/news/goldcorp-announces-controlled-shutdown-operations-130000625.html