Community members look on Los Filos open pit mine in Guerrero, Mexico; Photo: Christian Leyva
Blog Entry

URGENT ACTION: Call on Canadian Banks to Stop Funding Conflict at the Los Filos mine

Jamie Kneen

National Program Co-Lead

It has been more than 83 days since the Ejido of Carrizalillo shut down Equinox Gold’s Los Filos mine in Guerrero, Mexico after two months of failed attempts at dialogue to address racist and discriminatory treatment, as well as breaches of their social cooperation agreement. This is the longest-running strike since the mine started operating in 2007.

Instead of genuine efforts to achieve talks over a new agreement with the community, Equinox Gold, has resorted to provocation and threats, and is even suing the Ejido in Mexican courts.

BMO, CIBC, Scotiabank, and the National Bank of Canada are funding this unnecessary conflict having participated in a $500 million credit agreement with Equinox in March 2020. These banks have a responsibility to demand Equinox stop putting communities, and investors, at risk.

Call on BMO, CIBC, Scotiabank, and the National Bank of Canada to demand that Equinox negotiate in good faith without threats.

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