The complex mining framework and the number of different authorities regulating the industry has investment in the sector shrinking. CAMIMEX reports a 19 percent investment drop since 2016.
Endeavour Silver, Coeur Mining and Hecla Mining report rising grade in Mexican properties, mainly thanks to an increase in exploration budgets.Read more... →
Agnico Eagle reported a net income of US$35.1 million in 4Q17, a 44 percent drop from the US$62.7 million it reported in 4Q16. According to the company, this was caused by non-cash foreign currency translation losses of US$5.5 million, “mark-to-market adjustments” and derivative losses of US$1 million and non-recurring losses of US$6.8 million. On […]Read more... →
Goldcorp today reported a growth in 4Q17 net earnings, to US$242 million, up from US$101 million in 4Q16. The operating cash flow in relation to the same period the previous year improved from US$239 million to US$511 million in 4Q17. The company’s full-year financial and operational highlights yielded FY17 net earnings of US$658 million at […]Read more... →
The countdown has officially begun for PDAC International Convention, Trade Show & Investors 2018, the world’s premier mining investment convention and trade show where over 10,000 exhibitors, 3,800 investors and 24,000 attendees from over 130 countries unite under one roof from March 4 to March 7 at the Metro Toronto Convention Centre.
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In an exclusive preview of 2018’s edition, Mexico Mining Review asked Antonio Nieto, President and CEO of MineralsENG, about the key strategies to promote investment in the mining industry.
Traditionally, Mexico has been known as an important mining country. It is globally ranked among the top 10 producers of 20 mineral commodities including silver, […]Read more... →
The Mexican mining industry acknowledges the sector needs to change the public’s perception. The strategy to achieve this, however, must focus not only on better communication but also on the government being a facilitator and not an obstacle to mining activity, agreed the panelists, including state government officials, at the Sheraton Maria Isabel Hotel in […]Read more... →
First Majestic Silver wants to keep its story simple, according to Dustin VanDoorselaere, the company’s COO. Addressing the audience at Mexico Mining Forum at the Sheraton Maria Isabel hotel in Mexico City on Wednesday, he detailed First Majestic’s growth strategy: “One metal, one country.”
The company grew rapidly from a relatively bloated junior […]Read more... →
With many mining operations located in remote areas, operators must find a balance between price and reliability. While outages can cause costly downtimes, nobody wants to pay over the odds for energy supply, David Fatzinger, General Manager of Latin America for InterGen, told Mexico Mining Forum 2018 at the Sheraton Maria Isabel in Mexico City […]Read more... →
With the ongoing NAFTA negotiation, the relationship between Mexico and Canada has taken on greater significance. Speaking at Mexico Mining Forum 2018 at the Sheraton Maria Isabel hotel on Wednesday in Mexico City, Quebec Minister of Natural Resources Pierre Moreau shared the province’s best practices as a model of sustainability.
The Quebec government developed its […]Read more... →