Vancouver-based silver miner Endeavour Silver Corp. (TSX:EDR) this morning announced that an illegal work stoppage is blocking company management and subsidiaries’ personnel from accessing some company facilities near the company’s El Cubo mine in Mexico.
“To date, the blockade has been relatively peaceful,” the company stated.
The company said that “several non-union contract workers” have blocked access to the Peregrina mine and the Las Torres mine plant and administrative offices being leased to Endeavour subsidiary Compania Minera del Cubo.
“No formal complaints have been made against Endeavour or its subsidiaries and no strike notices has been filed to the work stoppage is illegal,” the company stated.
The company said the strike hasn’t interrupted mine operations at El Cubo, though it said that the company’s El Cubo leach plant will “soon” run out of concentrates from the Las Torres plant.
Endeavour Silver said that the Las Torres mine and floatation plant are shut down and mining operations have ceased at the Peregrina mine “until further notice.”
Endeavour CEO and director Bradford Cooke expressed “disappointment” with the labour action.
“My message to these workers is to immediately cease your iillegal work stoppage and blockade of the Peregrina mine and Las Torres mine, plant and administrative offices and return to work in a regular manner,” he said. “If you have some labour complaints, we invite you to it down with management and discuss them in a constructive manner.”
As of press time, company stock was down more than 5% to $9.04.
