Mining keeps yielding economic benefits, as a quarterly growth in Australia’s GDP shows. In Africa, while the role of junior companies is highlighted for its contribution to jobs creation, low industrialization has the industry’s productivity struggling. Several spills and mine disasters in Latin America further taint the mining industry’s reputation, but authorities show commitment to clarify the accidents’ causes.
In an exclusive preview of the 2019 edition, Mexico Mining Review, Salvador Garcia, COO & Director General of Starcore International discusses the nuances of working on a mining project in Queretaro and the operator’s plans for expansion into Sinaloa.
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IT’S ABOUT PRODUCTIVITY
Strong coal, iron ore and natural gas production boosted Australian quarterly GDP to grow 3.1 percent from 2.4 percent 1Q18. The Australian Bureau of Statistics reflects the relevance of mining commodities exports for the national economy.
Cannon Mining Latin America inaugurates its offices in Zacatecas. The subsidiary of Lakes Shore System invested MX$35 million in the Guadalupe Municipality.
POLITICS AND MORE POLITICS
Regulations and legal framework can either be the greatest ally or enemy of an industry. Learn about the main nuances and areas of opportunity of Mexican mining law according to industry leaders!
Poor industrialization has the African mining industry struggling, says Tom Alweendo, Namibian Minister of Mines. Lack of investment in education, governance and environmental damage are also main challenges for the industry.
Junior mining companies stood out for job creation in South Africa. Deputy Minister of Mineral Resources, Godfrey Oliphant, encourages investment in smaller companies.
The Actopan municipality, in Veracruz, halts construction and use of land permits for mining companies. The region has seven current mining concessions, mainly for gold and copper projects.
MINING AND THE ENVIRONMENT
Fatal dam spill has Brazilian mining turning into a legal minefield. The Samacro iron-ore mine 2015 disaster tainted the industry’s reputation, making prosecutors more critical of mining companies.
Retaining wall collapses at Chihuahua tailings mine, leaving fatalities.
The Undersecretary of Mining and Civil Protection will take over the investigation of the causes for the Rio Tinto mine spill. Government authorities deny any knowledge on the use of chemical materials in the mine’s operations.
Ecuadorian army on a crusade against illegal mining. The army’s campaign, focused on the southern provinces, has confiscated illegal machinery used in operations that was tainting the Nangaritza river.