SILVER 0.30% $15.25 silver futures

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  1. 963 Posts.
    Tonights action should be interesting seeing that the miners have returned to work.

    Workers End Strike At Penoles Fresnillo Silver Mine



    MEXICO CITY -(Dow Jones)- Miners returned to work at Mexico's Fresnillo silver mine Thursday after a one-day walkout that was part of a nationwide strike called by the National Mining and Metal Workers Union.

    Fresnillo, in Zacatecas state, is the main silver mine of Industrias Penoles SA (PE&OLES.MX), the world's biggest silver producer with annual output of 80 million ounces. The mine also produces zinc and lead.

    Penoles spokesman Luis Rey said 400 of the 600 workers at the mine voted to end the strike, which the 250,000-member National Mining and Metal Workers Union called late Tuesday in support of boss Napoleon Gomez Urrutia, whose leadership is being challenged.

    Rey said the company was hopeful the decision by the Fresnillo miners would influence strikers at its MetMex metals refining facility in Torreon.

    The Labor Ministry has declared the walkouts illegal.
 
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