Creative Commons, retrieved from Pixabay https://pixabay.com/photos/diamond-mine-mining-industry-1999481/

Regional Asian mining is again top-rated for its enhanced risk-reward profile, with Australia standing at the top of the Fitch Solutions Risk and Rewards report. On the other side of the Pacific, Chile experienced a drop-in exploration and ore grades, endangering its investment attractiveness as a mining jurisdiction. In Mexico, the big industry question is whether a Canadian giant is getting ready to leave the country.

 

During PDAC 2019, Mexico Mining Review sat down with René Krist, Managing Director of FullSpectrum Leadership to discuss the industry’s awareness of the so-called social license to operate and its real impact on mine operations. Follow up with this exclusive preview of Mexico Mining Review 2020.

Curious about our industry news? Dig in!

Whither Mexico?

Canadian mining giant McEwen Mining could be divesting its Mexican assets, according to a company press release. McEwen’s main projects in Mexico include El Gallo mine in Sinaloa.

Juanicipio construction to start at full speed; MAG Silver and Fresnillo’s boards have given the green light to the project’s development.

AMLO said that the Ministry of Economy will audit the Mining Trust Fund’s resources distribution since its creation to verify that the money did get to the intended communities.

International Outlook:

The Asian mining sector is reported to yield the best rewards globally, according to Fitch Solutions Mining Risk and Reward Index.

Chile is in danger of losing international investment share in mining due to decreasing ore grades at some of its main mining projects and a decrease in exploration.

Four Chinese mining companies were suspended by the Central African Republic’s ministry of mines and geology due to their unsustainable environmental practices in Bozoum, including the deterioration of the Ouham River.

Learn how to keep communication channels open in underground mines.

Metals Outlook:

Electric vehicles and the Chinese Road and Belt initiative are not the only programs fueling demand for copper. Intelligent thermostats and wind turbines, among others, are also helping copper maintain its supremacy when it comes to technology manufacturing.

Rio Tinto joined the World Bank in its mission to promote a sustainable supply of battery metals.

For more industry news, follow our blog

 
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