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7/12/18

Costs will rise substantially at Torex Gold (TXG)

Reading this news report about the support given by mining union members to Napoleón Gómez Urrutia, normally known as 'Napo', and the election that he helped secure for AMLO, plus the way he expects to win back control of plenty of mining union representation in the country (the specific report was about a coal mine in Coahuila, but read this on Napo's thoughts of the future of mining in Mexico and you'll see it will apply everywhere), and it suddenly occurred to me that salaries and conditions of work at Torex's (TXG) Media Luna mine in Guerrero are about to improve considerably.