Mexico to review bill to ban open pit mining
Mexican President Claudia Sheinbaum says her government will review a controversial bill approved by the lower chamber of Congress in August that aims to ban open-pit mining. The proposed legislation…
Fresnillo
New Mexican president avoids open-pit ban
Mexico’s President Claudia Sheinbaum, who started this month after winning an election in June to succeed Andrés Manuel López Obrador, so far hasn’t declared she’ll act on her predecessor’s wish…
Opinion: Want more investors? Act local
The mining industry must boost its support of local communities if it’s ever going to attract enough investors for the world to meet climate-change fighting goals, a new survey and…
Fresnillo cuts production targets on Omicron labour shortage
Shares in Fresnillo (LSE: FRES) fell more than 14% after the Mexico-focused miner cut silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected…
Orla tables updated feasibility for Camino Rojo with increased reserves, longer mine life
Orla Mining (TSX: OLA; NYSE: ORLA) has released an updated feasibility study for its Camino Rojo heap leach oxide gold project in Mexico. The latest study features a 54% increase…
Endeavour Mining to buy Teranga Gold, creating top 10 gold miner
Canada’s Endeavour Mining (TSX: EDV), already West Africa’s top gold producer, has agreed to buy Teranga Gold (TSX: TGZ) in an all-share deal worth $2.44 billion (US$1.86 billion), which would…
Orla Mining advances Camino Rojo project in Mexico
Over the last month, Orla Mining (TSX: OLA) has completed two deals that help pave the way for developing its Camino Rojo gold project in Mexico’s Zacatecas state, 50 km…