Workers at Mexico’s largest gold mine have ended a four-month strike after accepting operator Newmont Corporation’s offer of an 8% pay raise for each shift Work at the Peñasquito gold mine in Mazapil when more than 2,000 employees went on strike The labor dispute with U.S.-based Newmont Corporation was over pay and profit-sharing viewed by the striking employees to be in violation of their labor rights Mexican labor authorities have helped mediate negotiations between Newmont and the National Union of Mining and Metallurgical Workers which included a visit to Mexico by Newmont CEO Tom Palmer in August The deal agreed on Thursday night by union leader Napoleón Gómez Urrutia and Newmont’s director for South America also includes the distribution of 152 million pesos ($8.3 million) to pay a bonus to each miner the workers did not achieve their demand to increase their share of the mine’s profits They will continue to receive 10% of profits for 2023 while Mexico’s tax agency will decide the appropriate distribution for 2024 Newmont has asserted throughout the dispute that the 10% profit-sharing arrangement “is based on a method previously agreed with the union.” The four-month strike has caused losses of more than US $250 million for Newmont whose Peñasquito mine is a major supplier of gold it produced 566,000 ounces of gold; generated 2,800 direct jobs and 5,000 indirect jobs; and contributed $1.9 billion dollars to the Mexican economy the company withdrew its 2023 production forecast warning investors that “the company cannot estimate when the strike will be resolved and will reevaluate Peñasquito’s guidance for the full year 2023 once a resolution has been reached.” It is the third labor dispute Newmont has faced at Peñasquito since it bought the mine as part of its acquisition of Goldcorp Inc According to Manuel Fuentes, a labor law expert who spoke to El País newspaper in August mining strikes have become more common since Mexico’s 2019 Labor Reform put new limits on profit-sharing which is an important part of miners’ incomes With reports from El Pais and Bloomberg en Línea ADVERTISE WITH MND COMMUNITY GUIDELINES Subscription FAQ's Privacy Policy Mexico News Daily - Property of Tavana LLC Additional investors include Mexican firms Capital Mazapil and Rodina a private investment firm and family office led by Andres and Felipe Chico Co-Founder and former CEO of Stonyfield Farm who will also join Tacombi’s Board of Directors Launched as a taco stand on the beach in Mexico in 2006 Tacombi has grown to 13 locations in New York with several under development across existing and new markets Tacombi’s neighborhood taquerias are limited-service restaurants that offer tacos The brand emerged from the pandemic stronger with a rapidly expanding dine-out and delivery business including outsized growth on Tacombi.com and the company’s mobile app Tacombi’s first consumer packaged goods brand was created when the team couldn’t find tortillas that met their standards of authenticity and freshness for their taquerias and started making their own Today the brand’s corn and flour tortillas and tortilla chips (“Totopos”) are sold in 800 stores including three regions of Whole Foods Market and an expanding list of Natural & Specialty Grocery Stores Tacombi also sells proprietary brand Lupita “Since meeting Danny Meyer a few years ago I’ve appreciated his thought partnership as we’ve continued to build our omni-channel business and taken steps to prepare Tacombi to scale into a global brand,” said Dario Wolos “With the EHI team’s expertise in international brand expansion and the support of all of our investors we’re excited to share Mexican food and culture through our taquerias and technology as we enter this next phase of growth.” The proceeds from this funding round will be used to scale Tacombi as a powerful omni-channel platform doubling down on its three channel approach and targeting the $67B market for Mexican food It will allow Tacombi to grow its taqueria footprint across multiple restaurant formats and accelerate its CPG business including launching into new categories so that consumers can experience authentic Mexican food that’s simple and high quality in their homes the company plans to reach at least 75 taquerias across multiple restaurant formats while rolling out its CPG products and innovation to retailers across the United States Tacombi will build on its digital sales momentum by developing and integrating technology that will enable more efficiencies and enhance consumer and employee experiences “Dario Wolos founded and leads the kind of beloved brand winning business and enlightened team-first culture that beautifully aligns with our mission at Enlightened Hospitality Investments,” said Danny Meyer co-founder and managing partner of Enlightened Hospitality Investments and Chairman & CEO of Union Square Hospitality Group “And of course we love the authentic food and drink a loving expression of Dario’s desire to authentically share his love for Mexican hospitality with a broader American audience Tacombi is building an incredibly dynamic business solidly positioned for growth both with its bustling taquerias and exceptional line of quality packaged foods.” it remains committed to investing in its non-profit organization With the mission of advancing Mexican communities through education and food accessibility the Foundation fights food insecurity with the Tacombi Community Kitchen program which uses Tacombi kitchens to prepare and distribute 4,000 wholesome Mexican meals to people who need them every week Started during the COVID-19 outbreak and with nearly 250,000 meals given to date The Tacombi Foundation intends to extend this program for the long-term About TacombiTacombi began its journey in 2006 as a taco-serving bus on the sands of the Yucatán and now operates 13 taquerias across New York City Drawing on the rich culinary traditions across distinct regions of Mexico its menu offers a variety of authentic taco recipes alongside traditional Mexican bites and beverages With the opening of its first New York City location in 2010 Tacombi crafted its own line of fresh tortilla products under the brand Vista Hermosa that are made from scratch daily for use in its taquerias flour tortillas and tortilla chips (“Totopos”) and are sold in the taquerias and in retail in 800 stores each new taqueria is participating in growing The Tacombi Foundation’s impact with a mission to advance Mexican communities through education and food accessibility The Tacombi Community Kitchen provides local food relief for families and neighbors in need by donating thousands of meals made at each taqueria kitchen Media Contact: Liz DiTrapano, Smith Street Communications (617) 717-8917liz@smithstreetcomms.com Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/22b58b7f-afb7-4a87-a048-397aed4d3c38 https://www.globenewswire.com/NewsRoom/AttachmentNg/2261622a-cc76-4858-a299-f7bd051d3169 https://www.globenewswire.com/NewsRoom/AttachmentNg/0b77d71b-157a-4c0b-8526-5bd13878002f 43,000+ global companies doing business in the region 102,000+ key contacts related to companies and projects news and interviews about your industry in English were killed when a truck's brakes failed and plowed into pilgrims in north-central Mexico Another 22 people were injured following Wednesday afternoon's accident on the main road of Mazapil a small town of 16,000 people in the state of Zacatecas Some 200 pilgrims were heading toward a church when the dump truck Most of the victims came from other towns and cities crossed a median strip and flipped on its side Zacatecas chief prosecutor Leticia Catalina Soto Acosta told the Televisa channel 12 women and a minor (girl) who was one year and two months old," she said A civil protection official told AFP that 14 people died on the spot while nine others succumbed to their injuries at hospitals or while they were in ambulances Three of the 22 injured people are in serious condition "We hope that the number of dead will not rise," the chief prosecutor said Officials had previously reported 16 deaths and 30 injuries The dump truck's driver fled after the tragedy Investigators were sent to the scene of the accident "We have some testimonies about who the driver was," Soto Acosta said We hope to have him detained in the next hours." The state prosecutor identified the company that owns the truck as Construcciones Industriales y Transportistas Local media showed pictures of the vehicle turned on its side next to the median strip A red pick-up truck that was apparently struck in the accident could be seen in front of the flipped dump truck A police car and an ambulance had escorted the pilgrims during the procession Catholics have been taking part in a pilgrimage to the centuries-old San Gregorio Magno church in Mazapil since Sunday as part of a celebration for a patron saint An employee who answered the phone at the 18th century church said people were shocked by the tragedy We are in mourning for our pilgrim brothers These are normally celebration days and the church is empty," said Cecilia Religious processions through roads and towns are common throughout the year in Mexico a fervently Roman Catholic country of nearly 120 million people where millions visit the Virgin of Guadalupe church every year Most of the victims of Wednesday's accident came from other towns some 50 kilometers (30 miles) from Mazapil Five others traveled from the industrial city of Monterrey in Nuevo Leon state and three more were from neighboring Coahuila state Five drug cartels are involved in the trafficking of fentanyl and other illicit drugs in Zacatecas according to the state public security secretary Ismael Camberos Hernández told the newspaper El Universal that the Gulf Cartel the Northeast Cartel and Los Talibanes have long had a presence in Zacatecas through which drugs pass en route from Pacific coast states such as Jalisco and Colima to Mexico’s northeast border with the United States the Sinaloa Cartel and the Jalisco New Generation Cartel (CJNG) have also become involved in the drug trade in Zacatecas The former’s presence is strongest in the municipalities of Mazapil The CJNG’s involvement in the trafficking and transport of fentanyl and other narcotics is via a pact with the Gulf Cartel The direct and indirect entry of the two powerful cartels has not caused violence to increase – homicides declined 7.6% last year to 634 cases from 686 cases in 2018 – but kidnapping and extortion are both up For his part, Zacatecas Governor Alejandro Tello Cristerna declared that there will be no complacency from authorities in the face of the threat posed by the two groups, identified by the United States Drug Enforcement Administration as the two most dominant cartels in that country Tello said that he has spoken with the governors of both Jalisco and Sinaloa about what can be done at a regional level to combat the criminal organizations [The cartels] are companies that are seeking to expand,” he said adding that Zacatecas’ geography provided both blessings and curses it places us in a position of great vulnerability,” the governor said because the state is on the way to the U.S. which is the largest drug consumption market in the world Tello expressed confidence that the deployment of 1,900 members of the National Guard will help to combat trafficking in Zacatecas There are two important federal highways that pass through the state en route to the border with the United States: federal highway 54 between Colima and Tamaulipas and highway 45 which runs to the border from central Mexico Fentanyl has been seized from vehicles traveling on the highways since 2018 Almost five kilograms of the synthetic opioid whose demand in the United States has surged in recent years while authorities confiscated just under a kilo of 97% pure fentanyl in October “What drives the cartels is money and as long as fentanyl yields large profits,” they will be involved in trafficking it The drug, considered up to 50 times more potent than heroin, is produced in Mexican states such as Jalisco and Durango with precursors imported from China and other Asian nations via Pacific coast ports including Manzanillo Clandestine labs have also been found in Zacatecas municipalities near the state’s border with Jalisco Security specialist Ricardo Márquez Blas warned last year that Mexico was on track to become the largest producer of fentanyl in the world predicting that the shipment of precursors to the country will only rise cartels will not only export more fentanyl to the United States but also begin to sell the drug domestically Source: El Universal (sp)