Newmont-Goldcorp suspends Penasquito Mine in Mexico
Production at the Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in a single year has been suspended dues to water concerns.
Production at the Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in a single year has been suspended dues to water concerns.
Goldcorp (TSX: G; NYSE: GG) has found a foothold in northwestern B.C.’s historic Golden Triangle region with a plan to inject $7.2 million into Colorado Resources (TSXV: CXO) to gain exposure to the junior’s 305 sq. km KSP gold-copper property.