In an exclusive interview with Mexico Mining Review, Joel Gonzalez, Managing Partner of ALN Abogados discusses the impact of the fiscal reforms in 2014, the improvement in the regulatory framework and the effectiveness of SGM’s handling of mining concessions.
Q: What are your views on the impact of the fiscal reforms on the attractiveness […]Read more... →
The Prospectors & Developers Association of Canada’s (PDAC) International Convention, Trade Show & Investors Exchange – celebrating 85 years – will take place at the Metro Toronto Convention Centre (MTCC) from March 5 to 8, 2017.
The 2016 Convention attracted more than 22,000 attendees from 125 countries, including analysts, mining executives, geologists, prospectors, […]Read more... →
Mexico Projects & Companies
Fresnillo is reportedly considering legal action against the controversial Green Taxes recently imposed in Zacatecas.
Telson Resources is on track to start construction at Tahuehueto after releasing a Pre-Feasibility Study.Read more... →
Atlas Copco saw a jump in revenues in 4Q16, hitting US$3.2 billion, up 14 percent from US$2.8 billion in 4Q15 due to an increase in orders.
Profit for the period reached US$278 million, slightly down from the US$383 million in 3Q16 but a significant jump from the comparable period in 2015, which registered US$116 […]Read more... →
Construction giant Caterpillar (NSYE:CAT) released underwhelming 2016 full-year financial results Thursday, with net profits falling to US$384 million from US$480 million in 2015, an alarming drop of 18 percent.
Results for 4Q16 did not fare much better after quarterly profit slipped 25 percent to US$85 million from US$114 million in 3Q15.
The primary catalyst for […]Read more... →
In an exclusive interview with Mexico Mining Review, Valentin Kaufmann, Sales Manager for Mexico and Central America at Depreux, COBRA Group discusses the importance of appropriate safety practices in mining and the unique value offered by Depreux’s conveyor belts.
For as long as underground mining has existed, the practice has been fraught with danger. […]Read more... →
The Mexican Geological Survey (SGM) has developed a new tool that could play a vital role in attracting further investment into the Mexican mining sector and continuing its transition into the digital world.
The GeoInfomex application, unveiled in December 2016, is available on the Apple App Store and provides an online database of Mexico’s roughly […]Read more... →
The Macro View
Everyone is speculating about President Trump’s effect on Mexican industry, but everyone agrees that a “strong strategy” must be formed to maintain foreign investment for industries like mining.
Stable year-end results for Kansas City Southern but there is uncertainty over the future with the new President’s tax and trade policies.
[…]Read more... →
Kansas City Southern (NYSE:KSU) reported revenues of US$598.5 million for 4Q16 on Friday, relatively unchanged from the US$598 million reported in 4Q15. This was a result of relatively constant carload volumes.
Over the four quarters of 2016, the rail company’s revenues dropped 3.4 percent to US$2.33 billion compared to US$2.42 billion in 2015.
Net income […]Read more... →
While most industries are frantically trying to predict the many possible outcomes from a Donald Trump presidency in the US, mining companies remain oddly serene in what appears to be the eye of the storm.
A deeper look into the consequences of the Trump Effect is a good reminder to always read […]Read more... →