Mexico says Canadian mine in Sinaloa on track to reopen

Americas Gold and Silver

15/06/2021 18:36

MEXICO CITY, June 15 (Reuters) - Mexico's government said on
Tuesday a mine run by Canadian firm Americas Gold and Silver
Corp  USA.TO  in the northern state of Sinaloa is on track to
reopen after a longstanding labor dispute.
    "I've been informed of a decision taken to reopen the mine
in Cosala, Sinaloa. A deal is being reached, it's moving
forward," President Andres Manuel Lopez Obrador told reporters
during a regular government news conference.
    Still, the firm, which this year said it had been subject to
"extortion and organized crime" and described the mine in Cosala
as the target of an illegal blockade, did not immediately reply
to a request for comment on his announcement.  urn:newsml:reuters.com:*:nL1N2LM1DM
    In his brief remarks, Lopez Obrador did not mention the
company by name, but two other officials in Mexico confirmed it
was the Americas Gold and Silver operation in Sinaloa.
    On Monday, the Mexican government said health and safety
inspections would be carried out at the mine within the next
three weeks, and that efforts by officials, the company and
workers to allow the site to reopen were continuing.

 (Writing by Dave Graham
Additional reporting by Jeff Lewis in Toronto and Sharay Angulo
in Mexico City; Editing by David Gregorio)
 ((dave.graham@thomsonreuters.com; +52 55 5282 7146; Reuters
Messaging: dave.graham.thomsonreuters.com@reuters.net))