Friday, 14 June 2013

Forbes: Labor Dispute Shuts Down Mexican Tycoon Carlos Slim's Gold Mine

The Minera Frisco company, owned by Mexican mogul Carlos Slim Helú, reported that its El Coronel mine suspended production of gold and silver as a result of being shuttered by workers during a conflict between two rival unions. Located in the north-central state of Zacatecas, El Coronel is Minera Frisco’s biggest mine. In 2011 El Coronel produced 197,631 ounces of gold and 20,419 ounces of silver.

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