Besides tax hikes, the set of suggested rules include allowing the Ministry of Economy to name certain zones as not viable for mining.
Mexico Mining News
Grupo Mexico was down 6.7 percent on Thursday at midday local time, while Penoles lost 3.8 percent.
Once the company completes a series of payments, the Secretariat of Environment and Natural Resources would be able to issue the formal approval documentation for the project.
The Columba silver project has not been systematically explored since the Mexican Revolution.
Golden Reign acquired all of Marlin’s shares.
The company mined at an average grade of 2.6 grams gold per tonne in the quarter.
Santa Luz is a fully constructed open pit mine, which originally started production mid-2013 but was placed on care and maintenance in 2014.
Hurricane Willa made landfall on Mexico's Pacific coast as a Category 3 on October 23, 2018.
The project sits on top of the Mexican Silver Trend.
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.
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.
The US miner has agreed to a deal that would give it up to 80% in Solaris' Ricardo property.
The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs.
India clinches the title for largest zinc mine with Rampura Agucha.
CEO of Millrock Resources talks about the recently released drill results from the Alaska Range Project as well as developments at its Mexican properties.
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.
The agreement protects Canada's automotive industry from potentially devastating U.S. tariffs.
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.
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.
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.
The provincial authority issued a statement after learning that the reopening of the mine will create 3,600 jobs.
"It was established that Mexico's oil and natural resources belong to our nation," López Obrador said.
Minera Alamos files PEA for its La Fortuna gold project with after-tax IRR of 93%.
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.