Mexico’s mining production continues to wane. Data for the first four months of 2019 showed a 20 percent decrease in comparison with the same period last year. However, promising investments and government initiatives underlined the importance of the sector for the country’s economy. Also, gold’s bullish run appears to be slowing down, while the forecast […]Read more... →
This week’s Interview of the Week is with Ian Telfer, Chairman of the Board at Goldcorp. We discussed Goldcorp’s growth strategy, Mexico’s place and potential in the global mining industry and mining’s transition to cleaner energy.
Q: What is your perception of the global mining industry and what role does Mexico play in this context?
[…]Read more... →
The recent bullish run that raised gold prices to levels not seen in almost six years seems to be stabilizing, possibly after investors overbet on rate-cuts. However, some analysts say the rally is not over yet. Though the yellow metal’s price is just one of many factors affecting production, its current levels may boost Mexico’s […]Read more... →
This week’s Interview of the Week is with Keith Neumeyer, President and CEO of First Majestic Silver. We discussed First Majestic’s strategy in Mexico, expectations surrounding the gold to silver ratio and some of the intricacies involved in the company’s acquisition of San Dimas.
Q: First Majestic produced 3.8 million silver equivalent ounces in […]Read more... →
The Week in Mining highlights developments in Mexico’s mining industry. At the government level, the country’s senate ratified the trade agreement with the US and Canada and reassuring declarations came forth from the Ministry of Economy. On the sector’s forefront, Fresnillo’s debt outlook was reduced, Azure is set to start its fully-funded Oposura project and […]Read more... →
This week’s Interview of the Week is with Octavio Alvídrez, CEO of Fresnillo. We discussed how Fresnillo has weathered the economic downturn and remained the world’s top silver producer and Mexico’s top gold producer. Also, we spoke about some of the operator’s new and exciting projects, both in Mexico and abroad, and its plans for […]Read more... →
The Week in Mining focuses on the rise in gold prices caused by an uncertain global growth outlook, tensions between the US and other countries and a potential Fed rate cut. Copper prices are also climbing, mainly due to expectations regarding China’s new infrastructure plans and a labor strike at the world’s largest copper mine. […]Read more... →