The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.
Mexico Mining News
Grupo Mexico’s project is being scrutinized once again.
The miner plans using proceeds from the exercise of the purchase rights and any direct sales of Brio shares to reduce debt.
Is lithium the new super-mineral? Analysts seem to think so.
The assays result ranged from 347ppm to 1000ppm Li, the highest values received to date from the project.
Total production for Q3 was 36,496 gold equivalent ounces using gold to silver ratio of 75:1.
Shares in the Mexico-focused precious metal producer dropped as much as 2.4% to 1608 pence in London after the news.
Despite the lower figures, the miner noted it remains on track to meet full year revised guidance of 5.5-6.0 million ounces of silver this year.
Running at a loss, it cannot afford its share of a recent cash call to continue funding the Minera y Metalúrgica del Boleo mine in Mexico
The company's stock has fared better than many competitors in the last two years, boosted by the resilience of the lithium price, which has tripled since 2000 regardless of the commodity cycle.
Government mediation could end blockade by truckers and farmers at Vancouver gold miner's flagship Mexico operation, readied for immediate restart.
Following a seven-day illegal blockade at its Peñasquito mine by a trucking contractor.
The Canadian miner said operations were unaffected, adding it expects the issue to be resolved quickly.
Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.
Azure Minerals Ltd. (AZS:ASX), an Australian company developing two precious metal projects in Mexico, has caught the attention of a pair of analysts and the Mining Journal.
Report claims contamination of groundwater at Vancouver gold miner's flagship mine in Mexico may be more serious than previously thought.
Mr. Brown is a seasoned mining professional having previously held roles as Vice President of Projects for Glencore and Construction Manager for Bechtel Mines and Metals.
Silver is up 40% to date, while gold has only gained about 28%.
The Mexico-focused miner has benefitted from an ongoing silver rally and even more so than many of its peers, as it chose not to diversify into other metals.
Yamana will receive consideration in the form of cash and equity securities, the value of which was $140 million at the time of negotiations.
Vancouver miner hammered after 32% drop in output during the second quarter blamed on operational problems at its flagship Peñasquito mine in Mexico.
British Gypsum is supplying the only element able to keep the mineral balance of the water just right for the peculiar needs of the checkered pupfish.
The silver miner says Ottawa needs to press Mexican authorities to ensure Canadian investors are treated fairly.
Goldcorp, through its local subsidiary Peñasquito, is being singled out as the biggest water offender in the north-central Mexican state of Zacatecas.
This year, global production is expected to level out as project development budgets were slashed during the three-year gold bear market. But with gold prices rebounding, miners are in a good position to be much more profitable.