Ganfeng Lithium’s Amparos Rejected by Federal Court

A federal court has rejected an amparo filed by Minera Sonora Borax (MSB), a subsidiary of Bacanora Lithium, which holds the largest lithium deposit in Mexico. In other news, despite coal being a highly polluting energy source, geopolitical tensions and energy insecurity in Asia have fueled growing demand for it.

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Federal Court Rejects Amparo From Ganfeng Lithium Subsidiary

The federal court has rejected an amparo filed by MSB, a subsidiary of Bacanora Lithium owned by the Chinese company Ganfeng Lithium. The company sought the amparo from the Eleventh District Court in Hermosillo to reverse the cancellation of its mining concession initiated by the Ministry of Economy’s (SE) General Mining Directorate in September 2023.

Sonoro Gold's Strategic Moves in Mexico's Mining Sector

Amid recent legislative changes in Mexico's mining sector, Sonoro Gold faces a landscape fraught with uncertainty. However, amid this ambiguity, Cerro Caliche remains a project with significant potential in Mexico. Recognizing this, the company is strengthening its management team with the addition of Katharine Regan to its Board of Directors.

Effective Cybersecurity in Mining Requires Tropicalization: TBSEK 

David Tintor, Director of Operations, TBSEK, underscores the mining sector's advanced level of cybersecurity adoption, which surpasses that of many other industries. Despite facing unique challenges, such as technological obsolescence disparities when compared to other sectors, mining companies prioritize cybersecurity as a strategic imperative rather than merely a regulatory obligation, Tintor highlights. 

Let’s Talk (And Work) About Having a Positive Impact in Mining

Rubén Cano Balcorta, Founding Partner, CR Legal Partners Mexico, emphasizes the critical need for the global mining industry to shift toward sustainable practices, highlighting the importance of environmental responsibility and community engagement. Mining companies are urged to innovate and collaborate to reduce their environmental footprint, mitigate water scarcity, and promote biodiversity conservation beyond their mining sites’ borders. Balcorta underscores that real change requires actions aligned with the industry's positive narrative, emphasizing the pivotal role of sustainability in mining's future.

Alamos Gold Acquires Argonaut Gold Amid Mining M&A Surge

The recent acquisition of Argonaut Gold by Alamos Gold not only signifies Alamos' transition to become Canada’s third-largest gold producer but also supports the strong trend of M&A activity that experts have forecasted over past years.

Addressing Challenges for Machining Aluminum for Auto Sector 

Alberto Urbiola, Managing Director, Sandvik Coromant Mexico, outlines that the increasing popularity of electric vehicles is reshaping the automotive industry. With over 10 million electric cars sold worldwide in 2022 and sales expected to grow by 35% in 2023, the demand for aluminum in EV components is soaring. However, machining aluminum poses challenges due to its complex structure and varying composition. Innovative machine tool solutions are crucial to efficiently manufacture aluminum components while maintaining tight tolerances and superior quality.

Coal Shows Resilience Despite Decarbonization Efforts

More than two years after climate negotiators initially tried to relegate coal to the past, the less environmentally friendly fossil fuel is experiencing a resurgence. Factors such as China's energy insecurity, growing demand from India, and the conflict in Ukraine have contributed to coal's surprising resilience. 

ISA Faces Hurdles in Deep-Sea Mining Regulation Talks

The International Seabed Authority (ISA) has faced challenges in its negotiations to regulate deep-sea mining, with little progress reported and opinions divided. This is largely due to the presentation of a new "consolidated text" draft, which participants have criticized for being unclear and lacking the inclusion of all stakeholders' positions. Negotiations came to a halt amid growing concerns about sourcing critical minerals to sustain the energy transition globally.