Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Landowners, truck drivers, and residents of the Mexican community of Mazapil who have been protesting since Monday, have decided in recent hours to block the access to Goldcorp’s Peñasquito mine.
As reported by El Universal (in Spanish), they are demanding jobs, compensation for environmental damages, and clean water for their communities.
According to Reuters, the Canadian giant says the protest is illegal. However, the gold miner doesn’t expect it to affect Peñasquito’s production and hopes the issue will be resolved shortly.
Goldcorp’s Peñasquito is Mexico’s largest gold mine and it’s located in the northern Zacatecas state. Last year it produced 860,000 ounces of gold, which represents a quarter of Goldcorp’s total output.
But the project has been affected by controversy this year. Last month, a journalistic investigation found out about a selenium leak that had not been disclosed to the public for at least a couple of years. Mexican authorities were forced to launch a probe into whether the company broke any environmental regulations concerning contamination of groundwater.
Later on, regulators and Goldcorp’s spokespeople said there was no evidence that the leak had caused serious damage to people’s health or the environment.
