From the monthly archives: January 2018

MEXICO:

Mexican mining in recession? 21 months on a downward trajectory and a 10 percent decrease in production for 2017 set a negative scenario for the industry’s coming months.

Prospero Silver starts drilling at the Pachuca SE project. This completes the three-project rogram funded by Fortuna Silver Mines in May 2017.

The manufacturing […]

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Fresnillo reported today that silver production increased 20.3 percent in 4Q17 to 16 million ounces, up 16.6 percent from the 13.3 million ounces it produced in 4Q16. The first complete year of San Julián phase I operating at full capacity was the main reason for this surge. The company announced a higher ore grade at […]

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MEXICO:

2018’s mining omen: a potential deacceleration of the Chinese economy to echo in metal prices and affect mining shares.

CAMIMEX strives to develop 10 mining megaprojects during 2018. Five are to be developed in Sonora.

Controversy between environmentalists and a new group calling for responsible mining. The dispute revolves around the

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If you thought that Mexico is already exploiting all its mining potential, you may be mistaken. According to Fernando Alanís, Director General of Industrias Peñoles, the country still has huge potential to be taken advantage of. Attracting more foreign investment, improving human capital’s working conditions and promoting sustainable mining processes are key in […]

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MEXICO

McEwen Mining reported a consolidated production of 152,329 gold equivalent ounces at a gold:silver ratio of 75:1 in 2017. At El Gallo, the company experienced a production shortfall due to a “serious mechanical crusher failure at the end of July.”

Torex Gold announced the re-start of operations in its El […]

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First Majestic started the year out with a bang by announcing its US$256 million (CA$320 million) acquisition of Canadian-based precious metal producer, Primero Mining. The definitive arrangement agreement consists of First Majestic acquiring all of Primero’s issued and outstanding common shares, which means the company takes over the operation of the flagship San Dimas […]

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In an exclusive preview of 2018’s edition, Mexico Mining Review asked the Secretary General of the National Miners Union, Carlos Pavón, about the story behind the Union’s creation and its work in improving miners’ working conditions.

 Q: What was the reasoning behind the creation of the National Miners Union (SNMM)?

A: We […]

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MEXICO

At the close of 2017’s the market was characterized by favorable laws and regulations to foster foreign investment, according to the report from the Energy and Natural Resources Market Reports. For 2018, BMV predicts a thriving sector.

The mining treasure in Northern Mexico’s Sierra Madre to be unlocked by […]

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