Goldcorp halts Mexico mine operations on pit wall instability

|About: Goldcorp Inc. (GG)|By:, SA News Editor

Goldcorp (NYSE:GG) says it has suspended mining at its El Sauzal mine in Mexico as a safety precaution after instability in the pit wall.

GG says the mine, which is in its final year of active mine life, is experiencing movement in the highwall slope of the Trini pit.

A geotechnical team is assessing the impact of the movement on the mine, which had been expected to produce ~105K oz. of gold this year.