Mexus Gold US announced an update on its placer operation and ongoing negotiations for underground mining at the Julio. On April 8th, a $10,000 payment was received from its Mexican corporation. The placer is not yet running at full capacity but is starting to pay the bills. Vice President Julio Baltazar added, “We are working hard to get the mine to full production and each day we are moving closer to accomplishing that goal.”
Golden Minerals Company announces the results of Canadian National Instrument 43-101 compliant mineral resource estimates for deposits at the Santa Maria Mine and the Los Azules Mine properties. Both properties are located in southern Chihuahua State,Mexico within 30 kilometers of the town of Hidalgo del Parral near the Parral mining district.
When gunmen in Mexico carried out one of the worlds biggest ever gold heists this month, Canadian pit operator McEwen Mining was left looking at $8.5 million in lost metal.
El secretario de Economía, Ildefonso Guajardo, se comprometió con la cúpula del sector privado a garantizar una mayor seguridad al sector minero del país, después del millonario robo de oro en una mina al norte del país durante la semana pasada y confirmó la intervención de la Gendarmería para establecer acciones estratégicas, claras y contundentes en temas específicos.
El volumen mundial fue de 868 millones de onzas; la minera mexicana produjo 45 millones, y en producción primaria lidera a las mineras Coeur Mining y Hostchild Mining y Hecla.
J.D. Poliquin, chairman of Almaden stated, Todays holes once again show the continuity of this part of the Ixtaca deposit. The drilling program, designed to upgrade the confidence and size of our resource base is now complete. We are now focussed on developing the Ixtaca deposit into a significant precious metals producer in Mexico and are currently busy on site with engineering related drilling.
Gold Resource Corporation today announced the discovery of new high grade polymetallic veins at its Arista deposit, including a newly discovered vein referred to as “Viridiana,” with drill intercepts of 7.04 meters grading 9.29 grams per tonne (g/t) gold and 957 g/t silver.
The pipes have gone silent. Gone is the hum of water flowing through them to the worlds second-largest copper mine, just south of the U.S. border. Instead, in the normally empty desert here, tents and buses line the highway. Dust and smoke from cooking fires fill the air while hundreds of people listen to speeches and discuss the days events.
“Responding to numerous media reports, I want to make it perfectly clear, that neither I nor any member of McEwen Mining’s management team in Canada or in Mexico have had any regular contact with, or have any relationship with, cartel members.
Milner Consolidated Silver Mines Ltd. through its wholly-owned Mexican subsidiary has applied to the “Direccion de Concesiones y Asignaciones Mineras” to have the title to its San Lucas Concession cancelled.
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