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JOHANNESBURG (miningweekly.com) – Precious metals producer Coeur d’Alene Mines said on Thursday production has restarted at its Palmarejo mine in Mexico, following a work stoppage that started at the weekend.

The shutdown would not have a material impact on 2012 output at the operation, which produced nine-million silver ounces and 125 000 oz of gold last year, contributing around 60% of theIdaho-based companies first quarter revenues.


“Palmarejo management acknowledges the critical support and assistance of the Chihuahuan government authorities in helping to bring this situation to a swift and safe resolution,” Coeur said in a statement.


The company announced the stoppage on Wednesday afternoon.


Palmarejo has around 900 employees as well as some 150 contractors.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.