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The modern sustainability agenda means miners all around the globe are striving for environmentally-friendly practices so they can obtain the increasingly vital social license to operate. With an expected industry recovery, forecasted by BMI Research, companies are eager to undertake new projects. The zinc market gains relevance, but copper remains volatile. This week, Grupo México bet on its Peruvian copper projects with a significant investment to boost production.
In an exclusive preview of the 2019 edition, Mexico Mining Review asked Mike McAllister, Vice President of Corporate Development at Sierra Metals about the progress made at the company’s Bolivar and Cusi mines in Mexico, the current political climate and the ways junior miners can raise enough capital.
BMI Research forecasts mining recovery. Mexico will experience the fastest rally in the region, says the report.
The future of mining? The Times publishes its special report of the industry’s changing landscape.
Grupo México targets Peru with an investment of US$2.9 billion. The company’s Toquepala expansion project is expected to boost copper production by 69 percent in 2019.
Goldplay Exploration options for the San Marcial project in Sinaloa, Mexico. The project includes the La Rastra and Plomosas mines, rich in silver, zinc and lead.
MINING AND SUSTAINTABILITY
Mining is on track to be eco-friendlier. Companies’ CSR departments increasingly understand the need of having social license to operate.
The initiative Antioquia Free from Mercury has helped the Colombian state mitigate the entry of mercury from gold mining to the environment. The local government strives to eliminate the use of Mercury in mine operations.
Atalaya Mining, owner of the Rio Tinto mines, provides assurances that it uses strict waste management policies. Environmental organizations, such as Greenpeace, warned of possible environmental catastrophes in Andalucia due to the company’s operations.
How is zinc production doing in Mexico? The country is the sixth mayor zinc producer in the world and second in the Latin American region.
Morocco and DRC collaborating in mining. King Mohammed VI to sign mining trade deals with president Sassou Nguesso.
Strong Quarter for Operator with Good Results from Zacatecas mine, Capstone Mining.
Gaps in the Ore Processing Market, Opening Doors for New and Old Players Alike.