Mexican mining company Industrias Peñoles announced on January 5th that it was suspending operations at its Naica lead, zinc and silver mine in Chihuahua state in the wake of flooding last week.
Further to its news release dated July 2, 2015, the Company is pleased to report that initial metallurgical test work on samples taken from the Cinto Colorado leach/precipitation/flotation tailings located in Santa Rosalia, adjacent to the Boleo mine site, have yielded positive results. The Company engaged Met-Solve Laboratories in Langley, BC to undertake and coordinate the testing, which was supervised by Dr. Dreisinger, with Dr. Thomas Glück, the former Director of Process Technology at Baja and a co-author of the 2010 Boleo Technical Report, as project manager.
Mexico-focused mineral explorer Azure Minerals has inked an agreement with the Mexican subsidiary of Canadas Teck Resources to acquire the Alacrán copper project, in the Mexican state of Sonora.
La Minera Frisco, propiedad de Carlos Slim Helú, suspendió por completo el proyecto más importante en la región de San Francisco del Oro de explotación de minerales de oro y plata a tajo abierto y con una capacidad de procesamiento de mil toneladas por día, para el cual se anunció una inversión de más de 500 millones de dólares.
Paramount Gold and Silver Corp. announced today that assays from six new core holes drilled into the Dana Vein have intercepted gold and silver mineralization. The Dana target, discovered by Paramount earlier this year, is strategically located between the high grade Don Ese deposit and Coeur Minings Guadalupe mine which is just 800 meters to the west.
Santacruz Silver Mining Ltd. reports that during the weekend at its Rosario Mine in San Luis Potosi, Mexico, a pipeline connecting the Rosario Mine tailings impoundment to a secondary settling pond ruptured and as a consequence water and some tailings material were discharged outside of the tailings treatment system. The Company has notified all appropriate regulatory and governmental authorities.
Aunque en el País existen registradas mil 252 instalaciones y proyectos mineros, la Procuraduría Federal de Protección al Ambiente (Profepa) apenas verificó 27 por ciento de las minas en 2014.
Quaterra Resources Inc. today announced that it has entered into an agreement to sell its 50% interest in the Nieves silver property in Zacatecas State, Mexico, to joint-venture partner Blackberry Ventures I, LLC for US$4 million.
Golden Minerals Company today announces its initial operational performance for the Velardena mine restart in order to update the Company’s June 18, 2014 news release. The Company restarted mining operations at Velardena on July 1, 2014 and milling operations on November 3, 2014.
Sierra Metals Inc. is pleased to announce the results of its successful exploration and development programs at its three operating mines during 2014. Highlights include:
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