Evonik reported today that in 1Q18 its net income rose 97 percent to €291 million compared to €148 million in 1Q17. External sales grew 1 percent to €3.8 billion compared to the €3.6 billion reported in 1Q17. Despite the low increase in sales, Evonik managed to boost its net income due to a strong EBIT […]Read more... →
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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 […]Read more... →
Schneider Electric today reported 1Q18 revenue of €5.8 billion, with strong cross-selling across company segments. The energy management and industrial automation sectors fueled the strong start to the year – with 6.2 percent organic growth.
INDUSTRY & INFRASTRUCTURE MARKETS
Energy management yielded €4.3 billion globally, reporting organic growth of 5.2 percent. The North American business, […]Read more... →
Iron mining at a standstill in South Goa, India. The Supreme Court order has so far left 200,000 people dependent on mining in […]Read more... →
Environmental disaster at San Dimas. A pipe valve failure leaked 200L of cyanide solution into the Piaxtala river, Sinaloa on March 11.
Minera Mar de Plata, the Mexican subsidiary of Sonoro Metals, closed the Rosario Option Agreement to acquire 100 percent interest in the Rosario Group of concessions.
Capstone Mining […]Read more... →
In an exclusive preview of the 2018 edition, Mexico Mining Review asked Tony Rovira, Managing Director of Azure Minerals, about the main projects the company has in Mexico. He shared his insights about El Alacrán.
Q: What are the latest developments on the El Alacrán project?
A: We have been exploring the El Alacrán […]Read more... →
Mexican legislators call for reform of the Mining Trust fund. The new bill expects to distribute 70 percent of the fund’s resources in the municipalities surrounding mining activity, 28 percent to states and 2 percent to the federal government.
Oaxaca to receive US$87.5 million of Canadian investment in the mining industry, announced […]Read more... →
In an exclusive preview of 2018’s edition, Mexico Mining Review asked Christopher Warwick, Mexico Country Manager of Pan American Silver, about the pros and cons of mining in Mexico.
Q: Considering Pan American Silver’s operations throughout Latin America, what are the pros and cons of mining in Mexico?
A: The attractiveness of future […]Read more... →