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Gold/Mining/Energy : Silver Bull Resources, Inc.

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From: bear 1647/23/2016 5:45:18 PM
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OT: Globe says Agnico Eagle hit by gold robbers in Mexico

Agnico Eagle Mines Ltd (C:AEM)
Shares Issued 223,093,433
Last Close 7/21/2016 $69.68
Friday July 22 2016 - In the News

The Globe and Mail reports in its Friday edition that armed men have attacked a Mexican mine owned by Agnico Eagle Mines ($69.68) and stolen an unspecified amount of gold. The Globe's Ian McGugan writes that a security guard suffered a minor leg injury in the attack early Tuesday, but the La India mine in Sonora state is now back to normal operations, Agnico said in a news release. The theft echoes a similar incident last year in which heavily armed men stole 900 kilograms of gold-bearing concentrate, containing about 7,000 ounces of gold, from McEwen Mining's nearby El Gallo 1 mine. The gold was worth about $8-million (U.S.). Also last year, four Mexican employees of Goldcorp went missing after leaving the company's Los Filos mine in the southwestern state of Guerrero. Three of the four were later found dead. Goldcorp said at the time that the disappearance of the employees appeared to have nothing to do with their role at the company, but the incident underscores concerns about personal safety in Mexico. The country reported 17,013 homicides in 2015, a nearly 9-per-cent increase from the previous year. Its rate of 14 murders per 100,000 people is radically higher than Canada's 1.4 per 100,000.
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