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MAG Silver Reports Third Quarter Financial Results

Construction of the Juanicipio 4,000 tpd processing plant continued to make good progress in the quarter ended September 30, 2021, with the focus subsequent to the quarter on transitioning from construction to commissioning activities.

Industrias Peñoles, S.A.B. de C.V. – Suspensión de Operaciones en Unidad Minera Madero

Industrias Peñoles, S.A.B. de C.V. informa que ha declarado la suspensión temporal por tiempo indefinido de las operaciones de su unidad minera de zinc Francisco I. Madero, ubicada en el Municipio de Morelos, Zacatecas. Esto se debe a la baja ley de mineral que se ha presentado desde hace varios meses, la dureza del mismo y la profundidad de los cuerpos minerales, lo que aunado a la caída abrupta del precio del zinc y el alto costo de operación hacen que esta unidad minera deje de ser costeable para la Compañía.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.