Month: January 2019

Monreal Ávila informó que el año pasado las mineras pagaron 12 millones de pesos del predial, entre ellas Saucito del Poleo y PLC, pero se prevé que este año la recaudación sea mayor porque dichos corporativos han crecido en infraestructura. “Es irresponsable manejar una cantidad, pero creo que se va a incrementar, va a aumentar”.

Octavio Alvídrez, Chief Executive Officer, said: “Record annual silver production and a very strong gold performance does not mask what was a challenging year for Fresnillo. Gold production surpassed the expectations we had at the beginning of the year and is in line with our upwardly revised guidance, driven by a strong performance at Saucito, the successful start of operations of the Pyrites Plant at Saucito and the higher ore grade at the Fresnillo mine.

Scoping Study confirms Oposura as economically and technically robust, high-margin project

Pete Dougherty, President & CEO stated: “We achieved record quarterly production of nearly 52,000 GEOs, which contributed to record annual production of over 165,000 GEOs. I commend the team on this accomplishment. We achieved 51% production growth quarter over quarter and are now at a run rate that indicates we can produce over 200,000 GEOs in 2019…”

“2018 was a pivotal year for Pan American with low cash costs, strong cash flow, continued improvements at Morococha and Huaron, and positive impact to the bottom line from our La Colorada and Dolores expansions,” said Michael Steinmann, President and Chief Executive Officer of Pan American. “In addition, we made an important skarn discovery at La Colorada and announced the transformational acquisition of Tahoe. The acquisition is expected to close at the end of February, and we are looking forward to updating our forecast for 2019 in the second quarter to include the Tahoe assets.”