In 2017, CAMIMEX reported a total silver production of 187 million ounces, implying a rise of 7.5 percent in comparison to 2016 in Mexico. The Mexican giant Fresnillo was once again leader of the pack as the world’s largest silver producer. Zacatecas was announced as the biggest silver-producing state in the country. Mexico […]Read more... →
The week was marked by a flow of changes both local and international for the mining industry. In Mexico, Pan American Silver made headlines by entering an agreement to explore the Amalia project with Radius Gold. Internationally, Chilean workers refused BHP’s offer of a US$27,700 signing bonus per worker to call off the strike at […]Read more... →
An antibacterial fervor has swept society as news headlines around the world continue to depict the dangers of bacteria accumulated by cellphones. As explained by Time, “your cell phone is ten times dirtier than a toilet seat” and WonderHowTo, an educational platform “it’s not just bacteria, viruses colonize your mobile devices, too.” […]Read more... →
Exploration serves as the backbone of the industry as it ensures the development of enough new producing mines to replenish exhausted projects. But this segment of the industry is also the most likely to suffer from budget restrictions during downturns as it is one of the most capital-intensive phases of a mine. […]Read more... →
As the first half of 2018 came to an end, listed companies have started to release their quarterly and half year results and many were pleased to announce a rise in production. On a more global perspective, Chile continues to worry about the labor conflict in Escondida, the biggest copper mine in the world, and […]Read more... →
In Mexico, open-pit mines dominate the industry because they are simpler to develop and require lower initial investment than underground mines. But the balance is slowly shifting since most higher-grade surface ore bodies have already been discovered, leaving companies to search deeper for ore.
Instead of launching new greenfield exploration programs, […]Read more... →
To maintain and increase the competitivity of Mexican companies in the international market, Fernando Alanís, CEO of Industrias Peñoles and recently named President of CAMIMEX, believes operators should focus on training and developing their people, investing in technology, prioritizing social licenses and the development of the national supply chain. “These components are part of our […]Read more... →
Last week, the industry was shocked by Trump’s decision to impose tariffs on imported steel and aluminum from Canada, Mexico and the EU. In Mexico, FONDAR found that over half of the Mining Fund’s use was not reported in 2016 and Southern Copper is to make a large investment in Peru and Mexico.
In MMR’s […]Read more... →
Earlier this month, magistrates of the Electoral Tribunal held an audience with leaders of the National Union of Mining, Metallurgy, Steelmaking and Similar Workers of the Mexican Republic (SNTMMSSRM) after the court sentenced the union leader Napoleón Gómez to return US$54 million to workers. Gómez is known for having fled to Canada with his […]Read more... →