Pan American Silver Corp. became the latest company to curtail operations in Mexico due to rising violence and crime, saying on Monday it has faced security incidents along the roads used to transport personnel and materials to its Dolores mine. The Vancouver-headquartered company said it will maintain personnel at its open-pit Dolores silver mine in the border state of Chihuahua at levels necessary for site security and reduced operating activities. Shares in Pan American Silver, one of the world's biggest silver producers, slipped almost four per cent on the Toronto Stock Exchange, falling 93 cents to close at $22.44. Coca-Cola Femsa, the world's largest Coke bottler, indefinitely shut down its 160-employee distribution centre in Ciudad Altamirano in southwestern Guerrero state in March. Chihuahua's long border with Texas and New Mexico is a primary entry point for drug smugglers entering the United States.

Source: CBC News May 28, 2018 16:52 UTC