The week in the mining industry was marked by President López Obrador, who wants to distribute the Mining Fund directly to communities, avoiding the intermediation of the municipal and state governments of the mining states. At the international level, another mining dam collapsed in Brazil, while both Spain and Peru continue to show their commitment to the development of the industry.
In our Interview of the Week, Mexico Mining Review caught up with Tony Rovira, Managing Director of Azure Minerals, Australia’s leading mineral exploration company in Mexico. The company holds 100 percent ownership of several high-quality, precious and base metals projects in northern Mexico and is on the path to mine development and production.
Are you curious about the week in the mining industry? Read on …
- AMLO reiterates that the mining fund will be delivered directly to the people.
- Premier Gold Mines (TSX:PG) announced this week that it entered into an agreement with Americas Silver Corporation to acquire an option to purchase a 100 percent interest in the San Felipe property in Mexico.
- La Paz, in Baja California Sur, will not allow the installation of any mining project.
- Sierra Metals Inc. and its subsidiaries Dia Bras Mexicana and Dia Bras Peru obtained a loan of US$100 million.
- Premier Gold has signed an agreement to buy an option on the San Felipe property in Sonora.
- A new mining dam collapses in Brazil affecting 100 families.
- Atalaya Mining will operate the Corta Atalaya and Pozoalfredo mines in Riotinto, Spain.
- A Peruvian judge sentenced three lawyers to three years in jail. The lawyers were representing indigenous villagers who have blockaded shipments from a massive copper mine operated by Chinese miner MMG Ltd.
- An EU project seeks minerals in Spain with non-invasive technologies.
- Mining firms must reveal waste dump safety records, say investors.
- Pretium Resources plans a 40 percent increase at Brucejack mine in British Columbia.