Mexico Mining News

Labour conflict at Torex mine in Mexico cools off

Los Mineros Union, led by expat in Vancouver Napoleón Gómez Urrutia, had been fighting since November 2017, to be the legally constituted union at the ELG Mine Complex.

Aura Minerals wants to reactivate projects under care and maintenance

The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.

Mexican environment officials visit mine following cyanide spill

Some 200 litres of cyanide solution were released into the environment.

Canada's Capstone Mining says a worker died at Mexican mine

Operations, which were temporarily suspended on Sunday, have since resumed, excluding the immediate area of the accident, the copper miner said.

U.S. govt to accept metals tariffs exclusion requests from Monday

It could take up to 90 days to make determinations.

These charts show just why copper price fundamentals are so strong

The world's 10 largest copper mines accounted for 25% global output in 2017 – on average these deposits were discovered 95 YEARS ago.

More countries want to be exempt from Trump’s tariffs

Brazil, Argentina, Japan and the EU have expressed concerns about the measure.

Trump sets steel and aluminum tariffs; Mexico, Canada exempted

Trump has also demanded concessions from the European Union and has threatened to hike tariffs on auto imports from Europe.

Trump set to authorize steel, aluminum tariffs on Thursday

White House says not just Canada, Mexico could be excluded.

Trump ups trade pressure on Canada, Mexico; senior Republicans urge rethink

Trump said Canada and Mexico could avoid planned steel and aluminum tariffs if they ceded ground in talks on a new NAFTA trade deal.

Trump sours flagging NAFTA talks with steel trade war threats

Canada, the biggest foreign supplier of steel and aluminum to the United States, quickly pledged to retaliate if necessary.

Mexican election to pose limited risks to positive mining outlook: BMI

According to the market research firm, a possible victory by leftist Andrés Manuel López Obrador poses “minimal downside risks to an otherwise strong outlook” for the country's mining industry.

Fresnillo tanks as 2017 profit misses expectations, says costs to rise

The Mexico-focused precious metals miner expects cost inflation this year to be about 7%, compared with the 6.4% it faced in 2017.

Mexico slaps billionaire's steel company with fine for stock manipulation

Industrias CH was fined 2.96 million pesos ($159,764) at the end of November for making “prohibited trades” under a law banning simulating price or volume.

Oreninc Index falls as financings reduce to trickle

The Oreninc Index fell, as a lack of activity saw the metaphorical tumbleweeds rolling down Bay St with the index falling to 22.99 from 34.36 a week ago.

Torex restarts operations in Mexico despite blockade

The miner and the current operating union re-established plant access through a road used during construction.

GoldCorp forecasts lower costs for 2018; shares on track for nine-month high

The company's 2017 preliminary gold production of 2.6 million ounces was at the high end of its forecast range.

McEwen 2017 output fails to impress, but gold prices boost shares

The Canadian precious metals miner produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.

First Majestic expands Mexico footprint with $320M Primero Mining acquisition

With the friendly takeover First Majestic gains Primero’s flagship asset, the San Dimas silver-gold mine, located in the state of Durango.

Bacanora seeks expansion of German lithium project with newly acquired exploration licence

The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.

Almaden minerals completes first-ever social impact assessment for Mexican mining project

CEO of Almaden Minerals, Dr. Morgan Poliquin, discusses the company's Social Impact Assessment for its Ixtaca project in Mexico.

Value of top 50 mining companies surge $140 billion in 2017

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

The Torex saga in Mexico continues: Work contracts ended amid blockade

The suspension is in response to a 40-day long blockade at its El Limón-Guajes gold mine.

Mexican miners reach deal with Canadian company, go back to work

If a deal wasn't reached by December 15, the company was not going to be able to compensate local employees.

Almaden rejects Mexican activists’ accusations surrounding Ixtaca project

A protest action took place in Vancouver the same day Almaden Minerals announced the completion of a social impact assessment for its Ixtaca project in Mexico.