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Newmont's Peñasquito still suspended as blockade lifted, output dented

Newmont Goldcorp (NYSE: NEM) said the second “illegal blockade” this year at its Peñasquito mine in Mexico was lifted on Tuesday, however the operation remained suspended and the miner has flagged an impact on full-year results.

Newmont's Peñasquito still suspended as blockade lifted, output dented Newmont's Peñasquito still suspended as blockade lifted, output dented Newmont's Peñasquito still suspended as blockade lifted, output dented Newmont's Peñasquito still suspended as blockade lifted, output dented Newmont's Peñasquito still suspended as blockade lifted, output dented

The blockade at Newmont Goldcorp’s Peñasquito mine in Mexico, pictured last month

Newmont had resumed operations at Peñasquito in June after a months-long blockade over contractor and water issues, but suspended it again on September 14 as the blockade returned.

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