Despite the vast unexplored potential of Mexico’s metal and mineral deposits, foreign investment in the sector has long been dominated by two countries. Of the 267 foreign mining enterprises registered on the Mexican Geological Survey (SGM), 173 are from Canada and 44 are from the US. While bilateral relations with the former go from strength to […]Read more... →
In an excerpt from his exclusive interview with Mexico Mining Review 2017, Gabino Fraga, Managing Partner of Grupo GAP discusses the difficulties associated with mining land concessions and the importance of understanding ejidos and creating favorable relationships with them.
Q: What are the implications of the pro homine principle in land concessions for […]Read more... →
General Sector News
Zinc prices soared to US$2,725 per ton on Thursday, an eight-year high for the base metal. The main driver of the surge is a series of mine closures around the world.
Copper also surged to US$5,700 per ton on Thursday thanks to President Elect Trump’s ambitious infrastructure plans.
Mexico and […]Read more... →
The distribution of the mining fund begins with information provided by the Ministry of Economy that helps decide the proportion of resources each state and municipality should receive. Karina Rodríguez, partner at Pizarro-Suárez & Rodríguez Matus Abogados, is concerned about the effect the taxes could have on the development of the mining industry. “The law […]Read more... →
In an exclusive excerpt from his interview with Mexico Mining Review 2017, Cesar Fimbres, Mexico Country Manager of Dumas discusses the company’s works with Agnico Eagle in Pinos Altos and the importance of community integration.
Dumas has a wealth of experience as an underground mining contractor, having worked in the industry for […]Read more... →
FTSE100 bolstered by strong mining and oil trade, with AngloAmerican and Glencore among the biggest winners.
The future looks bright for Australian mining. Could this mark the end of the downturn?
Seabridge Gold has been granted a permit for KSM, the world’s largest undeveloped gold project located in British Columbia, Canada.
[…]Read more... →
In an excerpt from his exclusive interview with Mexico Mining Review 2017, Carlos Caicedo, Managing Director of Atlas Copco discusses Atlas Copco’s focus on innovation and shares the reasons why the company remains a world leader in mining technology.
With a long history of innovation, Atlas Copco is one of the leaders in […]Read more... →
There is no hiding from the fact that 2015 was a challenging year for the mining industry globally. As precious metal prices continued to stagnate, the ropes around exploration budgets tightened as top executives turned their focus to restructuring processes and cutting costs. In the first half of 2016, volatility returned to the international stock […]Read more... →
Pan American Silver’s revenues shot up 46 percent in 3Q16 to US$233.6 million from US$159.4 million in 3Q15, the company reported on Tuesday. Higher metals prices, lower costs and the absence of a US$28.8 million impairment charge paid in 3Q15 helped boost the latest figures.
The operator’s net earnings also surged to US$43.4 million from […]Read more... →
Revenues reached CA$13.9 million (US$10.2 million) in Premier Gold Mines’ first quarter as a producer, the company reported on Monday.
Net losses hit CA$5.1 million (US$3.8 million) in 3Q16, compared to net income of CA$5.3 million (US$3.9 million) in the same period of 2015 due to losses on derivatives, a foreign exchange loss and costs […]Read more... →