US-based gold miner Newmont Goldcorp has reached a “pivotal point” at Peñasquito, in Mexico, CEO Tom Palmer said on Friday, announcing that the mine and one of the 25 nearby communities had agreed on a water infrastructure solution.
The 30-year agreement with the San Juan de Cedros community, in Zacatecas, was hailed as an “important step in the ongoing negotiations between the parties”.