This week the mining industry is forecasted to become a significant stream of jobs creation in Durango. Several new projects are appearing in Nigeria, Bolivia and Australia keep betting on the industry. But before looking forward to what is on the mining horizon, read about the evolution and current state of Mexican mining.
In […]Read more... →
In Mexico, open-pit mines dominate the industry because they are simpler to develop and require lower initial investment than underground mines. But the balance is slowly shifting since most higher-grade surface ore bodies have already been discovered, leaving companies to search deeper for ore.
Instead of launching new greenfield exploration programs, […]Read more... →
To maintain and increase the competitivity of Mexican companies in the international market, Fernando Alanís, CEO of Industrias Peñoles and recently named President of CAMIMEX, believes operators should focus on training and developing their people, investing in technology, prioritizing social licenses and the development of the national supply chain. “These components are part of our […]Read more... →
Mining keeps yielding economic benefits, as a quarterly growth in Australia’s GDP shows. In Africa, while the role of junior companies is highlighted for its contribution to jobs creation, low industrialization has the industry’s productivity struggling. Several spills and mine disasters in Latin America further taint the mining industry’s reputation, but authorities show commitment […]Read more... →
One of the main bumps foreign investors find on the road to a new business environment is national regulation and that of mining in Mexico is certainly complex. Often hindering investment, the industry calls for its simplification. “I wish for greater legal dynamism and a simplified legal framework,” says Gerardo Gardea, Director General of […]Read more... →
Last week, the industry was shocked by Trump’s decision to impose tariffs on imported steel and aluminum from Canada, Mexico and the EU. In Mexico, FONDAR found that over half of the Mining Fund’s use was not reported in 2016 and Southern Copper is to make a large investment in Peru and Mexico.
In MMR’s […]Read more... →