Endeavour Silver Shares Fall as Local Protest over Community Rights Suspends Mexico Mine Operations

Dow Jones
08/17
 
 

Shares of Endeavour Silver fell after the company suspended operations at its Terronera project in Mexico, where local community members organized a peaceful demonstration to demand investments in water access, healthcare and infrastructure.

Shares fell 3.2% to 14.29 Canadian dollars ($10.30).

The Vancouver, British Columbia-based miner said Monday that its operations at Terronera have been suspended since Aug. 12.

The Terronera Mine is located in the mountainous region of San Sebastián, a historic mining district in Jalisco State, about 160 kilometers west of Guadalajara and 50 kilometers northeast of Puerto Vallarta.

The suspension was caused by members of the nearby Ejido community who have organized themselves and blocked access to the Terronera site, demanding proper road maintenance, assistance with medical services and communications, as well as control and access to water supply and increased financial assistance.

The community has remained peaceful, orderly and respectful, and the company said that it continues active discussions with Ejido community leaders.

Endeavour said that it has the ability to initiate legal action against the peaceful protesters and pursue all available legal means if operations remain compromised.

 
 

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10