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Cerro Negro back on line

Canadian gold major Goldcorp says operations have restarted at the Cerro Negro mine in Argentina.
Cerro Negro back on line Cerro Negro back on line Cerro Negro back on line Cerro Negro back on line Cerro Negro back on line

Operations have restarted at Goldcorp's cornerstone Cerro Negro mine in Argentina

Staff Reporter

Operations came to a halt last Friday after workers representing the Asociación Obrera Minera Argentina downed tools in a wildcat strike. It is still unclear why workers started the strike action.

"A conciliation process resolution was issued by the provincial government of Santa Cruz and accepted by the parties. All personnel have been remobilised and the site is ramping back up to normal operations," Goldcorp said.

The company reiterated its commitment to work cooperatively with employee representatives and government officials during the conciliation period to find a "fair and equitable resolution".

The dialogue would be focused on safe operations, environmental protection and full permit compliance, the company said.

Cerro Negro exited 2018 at 4,000t/d ore mined, completing the ramp up of mine to nameplate capacity. Cerro Negro was Goldcorp's second-largest source of revenue last year, producing 489,000oz at AISC of US$535/oz.