Gold Resource Corporation Sustains Temporary Protest at Aguila

Gold Resource Corporation (NYSE MKT:GORO) reported that it has sustained an illegal mine protest and work stoppage at its Aguila project. The protest has ended and Gold Resource is working to return the project to normal operations in the next few days.

As quoted in the press release:

Approximately 80 to 100 union members protested and ultimately blocked access to the Aguila Project’s mill and mine on Thursday, May 27. The majority of the Company’s 300 plus unionized workers and all of the non-unionized workers chose not to participate in this illegal protest. The protest was in response to the annual employee bonus being less than the year prior, which is a reflection of the continued weakness in precious and base metal prices. The union did not condone or support this illegal protest, therefore technically the action has not been classified as a strike.

Click here to read the Gold Resource Corporation (NYSE,MKT:GORO) press release