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Goldcorp slumps most on Mexico shutdown

Tuesday, October 4, 2016


Goldcorp fell the most among large gold producers after the Vancouver-based company said it was halting work at one of its biggest mines amid a labor protest.

Four days after saying a blockade at the Penasquito mine in Mexico wasn’t affecting operations, the company announced a “controlled shutdown.” The shares lost as much as 5.4 percent.

Source: Bloomberg