From the monthly archives: February 2018

In an exclusive preview of 2018’s edition, Mexico Mining Review asked Felipe Rivera, Industry Business and Process Automation Hub Leader for Mexico and Central America of Schneider Electric, about the opportunities of the Energy Reform and the mining industry in Mexico. Schneider Electric is a global leader in electricity management, helping clients optimize energy […]

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McEwen Mining’s operations in Mexico suffered as the consolidated production in 2017 lowered to 46,694 gold equivalent ounces in FY17 from 55,265 gold equivalent ounces in FY16. The 7 percent shortfall is attributed to a mechanical crusher failure last July and an increase in exploration spending in accordance to the operator’s growth plans.

 

The Canadian operator […]

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MEXICO

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.

The mining […]

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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 […]

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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 […]

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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.

 

As […]

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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, […]

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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 […]

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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 […]

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The mining industry is a source of jobs and economic advancement for the communities it operates in, yet many of those communities see it with a wary eye. As a result, companies are increasingly prioritizing social responsibility in the locations they operate both to benefit local ejidos and for the efficient and effective completion of […]

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