There were 1,589 press releases posted in the last 24 hours and 431,077 in the last 365 days.

Endeavour Silver Halts Work At Mexico Operations

May 4, 2009 (FinancialWire) — Canadian mining firm Endeavour Silver Corp. (AMEX: EXK) (Current Market Cap: US$81.94 Mil.) (TSX: EDR) said it has stopped work at its two operations in Mexico and plans restart on May 6. The company said it made the move under a Mexican presidential decree aimed at preventing the spread of the H1N1, or swine flu virus.

The presidential decree regulates that all non-essential government agencies and private businesses are ordered to cease operations until May 6 to combat the spread of the virus.

In a statement, company management said it is putting in place a plan to pick up this lost production throughput the remainder of the year so it does not impact the company’s annual forecast.

The company said that its Mexico operations are “relatively isolated” and that it has no outbreaks of the flu at either of its locations in the country.

Vancouver-based Endeavour Silver is a silver mining company focused on the growth of its silver production, reserves and resources in Mexico.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.