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Goldcorp shareholders seek vote to close down Marlin mine in Guatemala

Thursday, March 24, 2011


Two investors in Goldcorp, the world’s second-largest producer of the metal by market value, proposed the suspension of a Guatemala mine be put to a shareholder vote.

The Vancouver-based company has until March 26 to respond to the resolution brought by the investors which calls for a vote at Goldcorp’s May 18 annual general meeting.

The Inter-American Commission on Human Rights in May asked Guatemala to close the Marlin mine pending an investigation into allegations that it had adversely affected the health of local Mayan people.

Original source: Bloomberg