Mexico Mining News

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.

Colibri Resource intersects 61 metres with an average grade of 0.75 grams per tonne gold

The Maritime-based junior is drilling its Pilar Gold Project in Sonora, Mexico. 

Richest man in Mexico partners with Goldcorp

Minera Frisco and Goldcorp’s subsidiary Minera Peñasquito are joining forces in Zacatecas.

A self-exiled ex-fugitive is making Mexican billionaires nervous

Mining-union leader Napoleon Gomez Urrutia, who fled to Canada more than a decade ago after being accused of embezzlement, is on the short list for a senate seat in Mexico.

Five bodies rescued from collapsed mine in Mexico

A dam filled with liquid waste collapsed last Monday at Rio's Cieneguita mine in Chihuahua.

Billionaire schools teacher in NAFTA talks

How did we get here and what does this ratcheted-up trade war mean for Canada, the United States and investors?

US lawmakers set bill seeking to control Trump on tariffs – key lawmaker

Some Republican lawmakers warn that Trump could trigger a trade war that would destabilize the economy and ultimately hurt American workers.

Mexico hits back on US steel, slaps tariffs on pork, bourbon

As of Tuesday, Mexico will impose tariffs of 15 percent to 25 percent on U.S. steel products.

US-China need new trade framework, says former negotiator

The world’s two biggest economies need to agree on a new framework that will allow both of their economic systems to co-exist.

Southern has copper giants in crosshairs with Peru expansion

Southern Copper Corp. is preparing to scale the ranking of global producers by spending more than $10 billion in Peru and Mexico.

US aluminium tariffs; collateral damage and a missed target: Andy Home

Aluminium in particular shows why tariffs are such a poor trade weapon.

Trump tell allies to fix trade after US tariffs strike

Trump's tariffs on Washington's closest allies also drew condemnation at home from Republican lawmakers and the country's main business lobbying group.

US allies hit back at Washington's steel, aluminum tariffs

The US on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the EU, reigniting fears of a global trade war.

Prospero begins drilling at Buenavista silver-gold project in Mexico

This is the fourth project to be drilled under the terms of a second round of strategic investment from Fortuna Silver Mines, announced in early May.

Mexico violence hits Canadian silver miner's operations

Pan American Silver Corp became the latest company to curtail operations in Mexico due to rising violence and crime.