Mexico Mining News

Golden Reign and Marlin Gold merge to form Mako Mining

Golden Reign acquired all of Marlin’s shares.

Torex sets record gold and mine production in Q3

The company mined at an average grade of 2.6 grams gold per tonne in the quarter.

Leagold said restarting Santa Luz mine in Brazil requires $82 million

Santa Luz is a fully constructed open pit mine, which originally started production mid-2013 but was placed on care and maintenance in 2014.

Canadian miner’s project in Mexico halted by Hurricane Willa

Hurricane Willa made landfall on Mexico's Pacific coast as a Category 3 on October 23, 2018.

Pan American Silver to pay $2 million for interest in Mexico’s Sandra-Escobar Project

The project sits on top of the Mexican Silver Trend.

Fresnillo falls as it cuts full-year silver output guidance again

The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, revised silver output guidance down to between 62 million ounces and 64.5 million ounces from a range of 64.5 million to 67.5 million earlier.

New PEA suggests Ascendant could reduce operating costs at El Mochito

Ascendant is in the middle of a 30,000 metre infill drill program at El Mochito as it tries to increase mine life and reserves.

Freeport eyes majority stake in Solaris early stage Chile project

The US miner has agreed to a deal that would give it up to 80% in Solaris' Ricardo property.

United States seeking Mexican steel export quotas – negotiator

The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs.

The top ten zinc producing mines in the world

India clinches the title for largest zinc mine with Rampura Agucha.

Millrock Resources | Explorer releases drill results from Alaska copper-gold project

CEO of Millrock Resources talks about the recently released drill results from the Alaska Range Project as well as developments at its Mexican properties.

Mexican steel industry urges fix to U.S. tariff dispute

Mexico's top steel industry association on Tuesday urged the country's government to resolve an ongoing tariff dispute with the Trump administration before a new trilateral trade deal is signed.

Canada, buoyed by trade deal, to push U.S. on metal tariffs

The agreement protects Canada's automotive industry from potentially devastating U.S. tariffs.

Riverside resources | Cecilia Gold Project new target area’s and soil samples

Joining us for a conversation is Dr. John-Mark Staude. He is the president, the CEO, and director of Riverside Resources, Where Knowledge is Golden.

Grupo Mexico could reopen San Martin mine after 11 years

Miner Grupo Mexico could reopen the country's largest underground mine in the first quarter of 2019, after it closed due to a workers strike.

Beijing summons aluminium foil makers for talks on Mexico anti-dumping probe

The move threatens to jolt China's exports of aluminium, which have been booming in recent months. Mexico "is a big market" for Chinese aluminium foil.

Zacatecas governor welcomes reopening of Grupo Mexico's mine after 11-year strike

The provincial authority issued a statement after learning that the reopening of the mine will create 3,600 jobs.

Mexico's next leader says NAFTA deal preserves energy 'sovereignty'

"It was established that Mexico's oil and natural resources belong to our nation," López Obrador said.

Mexican-focused junior pops on PEA results

Minera Alamos files PEA for its La Fortuna gold project with after-tax IRR of 93%.

First Majestic shares hammered after reporting $40 million-loss

It also recorded an impairment charge of $31.7 million, or $20.5 million net of tax, related to placing the La Guitarra mine on care and maintenance.

Five people dead in rockslide accident in Mexico

Five bodies were recovered from a collapsed marble and limestone mine in the town of Dengantzha, located in the Hidalgo state.

McEwen Mining posts loss on strong investment to grow key assets

The Canadian precious metals miner logged a $10.6-million net loss for the first half of the year following a $49-million investment in its Gold Bar, Black Fox and Los Azules projects during the period.

Fresnillo soars despite profit drop on Silverstream revaluation

Silverstream valuation had an adverse effect on profit before income tax, which came down 16.6% to $323 million.

Bacanora Lithium changes its mind on how to fund flagship Sonora mine

It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.