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... →
Miners do not control the market. They are dominated by external forces such as the construction industry and metals demand. That is why they must make processes ever more efficient so they can maintain momentum under lower metals prices, just as much as in good times, said Godfrey Walton, President and COO of Endeavour Silver […]Read more... →
CAMIMEX recently reported that the Mexican mining industry paid MX$23.8 billion in income tax (ISR) in 2017 – an 82 percent increase on the previous year. The Mining Fund, createdin 2014, received MX$6 billion and miners invested an additional MX$4.2 billion in community and environmental programs. With mining serving as such a […]Read more... →
The now-dormant Peñoles mine was once the county’s second-largest lead mine and a cave for the largest Selenite crystals. In an exclusive preview of 2018’s edition, Mexico Mining Review presents the mine spotlight on Naica.
A WORLD-CLASS MINE
Just 100km south of Mexico’s iconic Parral mining district in Chihuahua […]Read more... →
Mexico Mining Review, in partnership with the Canadian Chamber of Commerce in Mexico (CANCHAM), hosted an exclusive cocktail for mining clients on Wednesday, April 26 at IoS Offices in Torre Reforma.
The event was attended by high level guests, among them operators such as Jose Antonio Berlanga, Director General of Reyna Mining and CANCHAM’s recently […]Read more... →
IMPACT Silver’s net losses increased 35 percent to CA$1.9 million in 2016 from CA$1.4 million in 2015 as a result of an increase in general and administrative expenses due to stock options exercised by shareholders, the company announced in its annual report on Wednesday.
Mexico activities generated a net income of CA$48,840 in 2016, which […]Read more... →
Net earnings for New Gold (TSX: NGD) surged in 2016, reaching US$2.7 million from a loss of US$201.4 million in the 2015 period due to higher gold and silver prices and higher copper sales volumes. This was offset by operating troubles at the company’s Rainy River concession in Ontario, Canada.
Revenues dropped to US$683.8 million, […]Read more... →
Sierra Metals’ net income jumped 129 percent in 2016, reaching US$17.2 million compared to US$7.5 million in 2015, the company announced in its report on Wednesday. This was a result of increased revenues generated by operational improvements and record production levels.
Revenues increased 21 percent in 2016 to US$97.3 million compared to US$80.1 in 2015. […]Read more... →