The past week saw a mix of the sweet and sour in the mining recipe both at home and internationally. In the same week in which AMLO announced the cancellation of the Los Cardones project in Baja California Sur, Citibanamex issued a positive 2019 forecast for Grupo México. Internationally, Peru increased its production of […]Read more... →
The mining industry failed to live up to expectations in 2018, contributing less to Mexico’s GDP than forecast, according to a report presented by INEGI last week. Internationally, the rupture of the Minas Gerais dam in Brazil continues to be a leading industry topic while the Fraser Institute published its annual mining survey.
In our […]Read more... →
Hogan Lovells is an international law firm that has a sophisticated team with a deep knowledge of the local market. The firm works in various industries, including energy and natural resources, infrastructure and transportation. We sat down with Partner Juan Torres-Landa who spoke about the disconnect between the legislature and executive and what he expects […]Read more... →
Yesterday, Javier Corral, Governor of Chihuahua, presented a legal dispute in the Supreme Court of Justice against the modification of the rules governing the Mining Fund made by the federal government. Along with Corral, the challenge was presented by 23 mayors from all parties except Morena: 22 from municipalities within Chihuahua and one from […]Read more... →
Automation and digitalization promise to boost production up to 40 percent for those companies willing to pioneer in their implementation. Ericsson, Schneider Electric and Alderon Iron Ore are some of those releasing new digital solutions for the mining industry. In Mexico, miners still question if AMLO is adding uncertainty to an inherently volatile […]Read more... →
Want a chance to speak to government representatives about the future of the mining industry? Don’t miss out on your chance at Mexico Mining Forum 2019, at the Sheraton Maria Isabel hotel in Mexico City this February 6! Incoming Undersecretary of Mining Francisco Quiroga and Director General of Mines Laura Díaz are among our confirmed speakers – […]Read more... →
AMLO’s Nation Project sheds insight on the political expectations for Mexico over the next six years. But there is no specific outline on his intended policies for the mining industry and no indication has been given by MORENA on how the Nation Project will be implemented, causing much speculation.
The incoming president’s Nation Project […]Read more... →
There was good and bad news this week for mining as gold exports increased in 1H18 compared to 1H17 but silver exports floundered. But Mexico took first place in 2017 in terms of global zinc production, with national operators Industrias Peñoles, Grupo México and Fresnillo, and international Goldcorp contributing the lion’s share. In anticipation of […]Read more... →
The Mexican mining industry has a new Undersecretary of Mining as AMLO announced the appointment of Francisco Quiroga as Mario Alfono Cantú’s successor. South Africa is already in the third round for its new mining chamber, which will be presented to President Ramaphosa next week.
Mining in Oaxaca is not easy. Not only […]Read more... →