Newmont rejects accusations of international mining front
Denver-based mining company Newmont rejected accusations made by the international mining front (FIM) that it dismissed more than 100 union members from its operations in Mexico, Peru and Argentina for demanding profit-sharing payments.
“These statements are completely untrue. It is false and defamatory that the company has made 100 layoffs in retaliation against workers for demanding payment of the [worker profit-sharing] PTU,” the world's leading gold producer stated when contacted by BNamericas.
Napoleón Gómez Urrutia, leader of the national union of mining, metallurgical, steel and related workers of Mexico and local representative of FIM, told press on Tuesday that the company has carried out reprisals against Mexican employees because of a strike that lasted more than four months last year at the Peñasquito gold and silver mine in Zacatecas state.
“Newmont Peñasquito has complied at all times with the current collective bargaining agreement, the agreements signed with its union and the applicable legislation,” Newmont added.
The company also underscored that “it will continue to act in accordance with the law and will maintain a firm stance on integrity and transparency, with the commitment to protect a sustainable future for all that are part of Peñasquito.”
FIM was created in January by mining unions from Mexico, Canada, Peru and Argentina to establish collaboration and defend the rights of employees in those countries against Newmont and other transnational mining companies.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Mining & Metals (Mexico)
Spotlight: Mexico mining projects postponed to 2025
The three are Torex Gold Resources' US$950mn Media Luna, Luca Mining's US$27.5mn Tahuehueto and Sonoro Gold’s US$15.5mn Cerro Caliche.
Junior exploration roundup: Hot Chili, Cerro de Pasco, Silver Storm and more
Companies operating in Brazil, Chile, Peru, Argentina and Mexico provide updates
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Mining & Metals (Mexico)
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Las Minas
- Current stage:
- Updated: 5 months ago
- Project: El Horcón
- Current stage:
- Updated: 5 months ago
- Project: El Crestón (Opodepe)
- Current stage:
- Updated: 5 months ago
- Project: Bilbao
- Current stage:
- Updated: 5 months ago
- Project: Tepic
- Current stage:
- Updated: 4 months ago
- Project: Los Reyes (ex-Guadalupe de los Reyes)
- Current stage:
- Updated: 5 months ago
- Project: El Oro
- Current stage:
- Updated: 5 months ago
- Project: El Cobre
- Current stage:
- Updated: 5 months ago
- Project: Caballo Blanco
- Current stage:
- Updated: 5 months ago
- Project: Sierra Mojada
- Current stage:
- Updated: 5 months ago
Other companies in: Mining & Metals (Mexico)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Mitsui de México, S. de R.L. de C.V. (Mitsui de México)
- Mitsui de México, formerly Mitsui Mexicana Ltda., is a trading company and a subsidiary of Japanese multinational holding Mitsui & Co., Ltd. Incorporated in 1955, Mitsui de Méxi...
- Company: Compañía Minera Autlán, S.A.B. de C.V. (Minera Autlán)
- Mexican miner Compañía Minera Autlán, S.A.B. de C.V. is engaged in the production and sale of manganese ore and ferroalloys, supplying products to the steel, battery manufacture...
- Company: Siemens S.A. de C.V. (Siemens México)
- Siemens S.A de C.V. (Siemens Mexico) is the local subsidiary of German technology company Siemens A.G. With headquarters in Mexico City, the company has been present in the coun...
- Company: Moliendas Tizayuca S.A. de C.V. (Moliendas Tizayuca)
- The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Fresnillo Plc (Fresnillo)
- Fresnillo Plc, a subsidiary of Mexican firm Industrias Peñoles (75% ownership), is a precious metal mining company incorporated in the UK and headquartered in Mexico City. Fresn...
- Company: Compañía Minera Gorrión S.A. de C.V. (Minera Gorrión)
- Compañía Minera Gorrión S.A. de CV, is a Mexican subsidiary of Canada's Almaden Minerals Ltd. through Puebla Holdings Inc. The miner owns a 100% stake in the Tuligtic gold-silve...