Tag: Exploration and Development

Bacanora Minerals Ltd.: Magdalena Borate Project Update

BACANORA MINERALS LTD. is pleased to provide an update on progress with activities underway for the purpose of advancing the Magdalena Borate Project toward feasibility of boric acid production. The Company has retained the services of Process Engineering LLC to design a plant capable of producing up to 25,000 tonnes of boric acid per year from borate minerals to be mined from the El Cajon deposit. The Company also continues performing metallurgical tests in order to refine and optimise the boric acid production at pilot scale.

Guerrero Commences Maiden Diamond Drill Program at Biricu, Guerrero Gold Belt, Mexico

Two diamond drill rigs have been mobilized to the project and drilling of the initial targets has begun. A minimum of 5,000 metres of drilling is budgeted for this phase with anticipated completion near the end of the calendar year. This phase of drilling focuses on targets in the northern half of Biricu and commences in the Hornfels Hill and Punto Rojo target areas. Both Hornfels and Rojo are characterized by alteration and mineralization in close contact with or within intrusive bodies. This setting is typical of other areas in the Guerrero Gold Belt that are hosts to known gold resources and is similar to other prospective and operating properties and mines in the Guerrero Gold Belt to the northwest.

Extranjeras aprovechan entorno para comprar minas en México

De enero a agosto del 2014, pequeñas y medianas mineras se han visto obligadas a vender alrededor de 13 proyectos con un valor de 31.9 millones de dólares a empresas extranjeras debido a un ambiente de alta volatilidad, mayores impuestos y escasez del crédito.

Multa de 13.4 mdp a Grupo México, pendiente de resolución

La Secretaría del Trabajo y Previsión Social (STPS) no ha podido hacer valer la multa de 13 millones 445 mil pesos que le impuso a Industrial Minera México, filial de Grupo México(GMéxico), hace 4 meses por la falta de medidas de seguridad e higiene en su mina Charcas, San Luis Potosí, que provocaron la muerte de cinco trabajadores mineros el 12 de febrero.

Muere obrero en AHMSA

Otro accidente fatal se registró ayer en la nave en construcción Acería Eléctrica de la Siderúrgica 2 de Altos Hornos de México, al caer desde una altura de 8 metros un trabajador de la compañía contratista Comemsa, el cual tenía escasos 20 años de edad.

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