The assays result ranged from 347ppm to 1000ppm Li, the highest values received to date from the project.
Mexico Mining News
McEwen Mining reports Q3 production, Mexico exploration drill results
Total production for Q3 was 36,496 gold equivalent ounces using gold to silver ratio of 75:1.
Fresnillo’s output up but San Julian plant to be commissioned later than expected
Shares in the Mexico-focused precious metal producer dropped as much as 2.4% to 1608 pence in London after the news.
Endeavour Silver output drops in Q3
Despite the lower figures, the miner noted it remains on track to meet full year revised guidance of 5.5-6.0 million ounces of silver this year.
Baja Mining may be losing minority stake in Boleo mine
Running at a loss, it cannot afford its share of a recent cash call to continue funding the Minera y Metalúrgica del Boleo mine in Mexico
Bacanora completes drilling at its lithium project in Mexico
The company's stock has fared better than many competitors in the last two years, boosted by the resilience of the lithium price, which has tripled since 2000 regardless of the commodity cycle.
Goldcorp's Peñasquito could restart within day
Government mediation could end blockade by truckers and farmers at Vancouver gold miner's flagship Mexico operation, readied for immediate restart.
Goldcorp begins controlled shutdown of Mexico mine, its largest operation
Following a seven-day illegal blockade at its Peñasquito mine by a trucking contractor.
Protesters block access to Goldcorp’s Peñasquito mine
The Canadian miner said operations were unaffected, adding it expects the issue to be resolved quickly.
Peru, Brazil to emerge as Latin America’s new mining gems
Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.
Azure Minerals strikes silver and gold in Mexico
Azure Minerals Ltd. (AZS:ASX), an Australian company developing two precious metal projects in Mexico, has caught the attention of a pair of analysts and the Mining Journal.
More Peñasquito problems for Goldcorp
Report claims contamination of groundwater at Vancouver gold miner's flagship mine in Mexico may be more serious than previously thought.
McEwen Mining appoints Donald Brown as Sr. Vice President, Projects
Mr. Brown is a seasoned mining professional having previously held roles as Vice President of Projects for Glencore and Construction Manager for Bechtel Mines and Metals.
Here’s why silver is crushing gold — Pan American Silver CEO
Silver is up 40% to date, while gold has only gained about 28%.
First Majestic Silver swings back to profit in Q2
The Mexico-focused miner has benefitted from an ongoing silver rally and even more so than many of its peers, as it chose not to diversify into other metals.
Yamana Gold announces sale of its Mercedes mine in Mexico
Yamana will receive consideration in the form of cash and equity securities, the value of which was $140 million at the time of negotiations.
Goldcorp stock pays Peñasquito penalty
Vancouver miner hammered after 32% drop in output during the second quarter blamed on operational problems at its flagship Peñasquito mine in Mexico.
This mining company is keeping a rare fish from extinction in Mexico
British Gypsum is supplying the only element able to keep the mineral balance of the water just right for the peculiar needs of the checkered pupfish.
Primero Mining wants Canadian Gov’t to intervene in tax dispute with Mexico
The silver miner says Ottawa needs to press Mexican authorities to ensure Canadian investors are treated fairly.
Canadian mining giant dries up water resources in Mexico
Goldcorp, through its local subsidiary Peñasquito, is being singled out as the biggest water offender in the north-central Mexican state of Zacatecas.
Here are the world’s top 10 gold producing mines
This year, global production is expected to level out as project development budgets were slashed during the three-year gold bear market. But with gold prices rebounding, miners are in a good position to be much more profitable.
Blackrock backs Bacanora Minerals with $11 million investment
The move by the world's largest asset manager shows increasing interest in the lithium market.
Indigenous Mexicans challenge constitutionality of mining act
The Me'phaa Indigenous communities argue the mining act violates international treaties that Mexico had signed and ratified.
McEwen Mining buys exploration target near El Gallo Mine
The acquisition fits with the company's strategy of investing in opportunities that have the possibility to extend the life of existing mines.
New Mexican gold mine officially opens
Investors in Torex Gold Resources (TSX:TXG) saw their patience rewarded on Friday with an 11.5 percent bump in the stock price.
