June 10, 2024

Southern Silver study ups NPV, mine life for Cerro Las Minitas project in Mexico

The study forecasts an initial capex of $388 million and an after-tax NPV of $501 million.

June 6, 2024

Pink sea pigs, transparent sea cucumbers discovered in area targeted by deep-sea miners

A 45-day expedition to the Clarion Clipperton Zone discovered several species not previously described by science.

June 4, 2024

Calibre expects Q2 output drop after pit wall incident, maintains full-year guidance

The company currently anticipates Q2 2024 production to be between 55,000 and 60,000 gold ounces.

June 3, 2024

New technocrat Mexican leader unlikely pro-mining even as she replaces ‘whim and bombast’

Claudia Sheinbaum is expected to continue the anti-mining policies of outgoing President Andres Manuel López Obrador.

May 27, 2024

Vulcan rejects Mexico’s ‘illegal expropriation’ of its investments

The company has been engaged in a years-long conflict with Mexico's government after officials ordered a halt to limestone quarrying at Vulcan's mining unit in 2022.

May 26, 2024

Electric mining vehicle industry’s value to reach $23 billion by 2044 – report

A new IDTechEx report notes that large EV batteries and innovative fast-charging methods are driving the adoption of electric and autonomous mining vehicles.

May 22, 2024

Mexican president rules out expropriating Vulcan’s mine but maintains land closure

Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage.

May 10, 2024

Golden Minerals sells Mexican mine, shifts focus to Argentina

Total consideration is $5.5 million cash, plus value-added tax.

May 9, 2024

Mexico eliminates aluminum import tariffs to combat shortage

The majority of Mexico’s raw aluminum imports come from Asian countries, with 42% of the total coming from China in February.

May 9, 2024

Panama president-elect rules out First Quantum talks until arbitration dropped

Until closure, Cobre Panama was responsible for approximately 5% of Panama's GDP.