Mexico Mining News

Goldplay counts 47m equivalent ounces silver at San Marcial

The indicated resource totals 7.6 million tonnes grading 117 g/t silver, 0.5% zinc and 0.3% lead.

Gainey confirms strike length at Las Margaritas

Gainey Capital’s Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne.

Lead production expected to grow in 2019 – report

Wood Mackenzie forecasts that global lead production will increase in 2019 by about 250 kt.

Candente recovers gold from tailings in Mexico while helping promote tourism

In the El Oro District of central Mexico, a tailings agreement is linked to a tourism agreement.

Great Panther Silver boosts resource at Topia mine in Mexico

Inferred resources add 400,400 tonnes averaging 434 grams silver, 1.34 grams gold, 2.86% lead and 2.97% zinc.

Minarum to acquire Aura’s East Taviche property in Mexico

Aura states that an 865,000 tonne inferred ore zone grading 119 g/t silver and a 3.3 million tonne inferred ore zone averaging 0.51 g/t gold has been outlined by 14 drill holes at the project.

Argonaut Gold receives federal approval of Magino EA

A December 2017 feasibility study estimated the open-pit project would produce about 116,000 ounces of gold over a 17-year mine life.

Almaden Minerals rejects activists’ letter to Mexican president

The Canadian miner deemed as false the allegations in a letter given by a group of activists to the Mexican president, Andrés Manuel López Obrador.

Fresnillo’s 2018 silver output hit record high, to be lower this year

The miner, the world's largest primary silver producer and Mexico's No. 2 gold company, expects production of the grey metal to fall this year to between 58 and 61 million ounces.

Prospero begins phase 2 drilling at Pachuca

The 66.7 sq. km project sits 24 km southeast of the city of Pachuca and along strike from the historic Pachuca-Real del Monte epithermal vein camp.

Government shutdown a double-whammy for American nail maker

The government shutdown is adding to the woes of U.S. companies already paying tariffs for their steel and aluminum.

MineHub and IBM to introduce global mining and metals supply chain solution with blockchain

The first use case will manage concentrate from Goldcorp’s Penasquito mine in Mexico.

Mexico mining-union head turned Senator reviewing contracts

Newly installed Senator is ready to take on firms that he says don’t pay enough taxes, pollute the environment and enjoy concessions he deems are too long.

Alamos Gold forecasts 2019 gold production

Alamos Gold produced 505,000 ounces of gold from its four mines in North America last year and expects a “similar rate of production” this year.

Canada’s McEwen Mining 2018 production exceeds guidance

The precious metals miner produced 175,561 ounces of ore last year, 15% more than the 152,329 it churned out in 2017.

Torex reports record production despite challenging situation

In 2018, the Canadian miner produced 354,000 ounces of gold at its El Limón Guajes Complex.

Silvercrest nears new resource at Las Chispas

The latest results from a phase three infill drill program come from two of 13 new infill holes at the Area 51 zone of the project’s Babicanora vein.

San Marco sees positive results from exploration program in Mexico

There is a porphyry copper-molybdenum-gold system at the Espiritu SMR property.

Pan American Silver shareholders approve Tahoe Resources acquisition

Tahoe shareholders also approved the arrangement.

Vancouver miners merge to lead exploration in Mexico

Defiance Silver Corp and ValOro Resources completed a friendly merger.

Defiance Silver and ValOro Resources stocks soar on merger

At market close on Friday, Defiance Silver’s stock had jumped 25% and ValOro Resources’ stock was up 33%.

ePower Metals buys Magenta cobalt project in Mexico

Magenta hosts numerous high-grade cobalt/gold/silver/nickel vein and skarn style deposits.

The security risks of mining in Latin America

Americas Market Intelligence says companies need to do their due diligence.

Bacanora Lithium seeks listing of German unit in 2019

The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.

Minera Alamos gets funding for Mexican gold project

The Toronto-based miner needed to complete a change of land use payment.