Guerrero’s Government Supports Mining in the State

Mining is a key economic activity in the state, as it generates wealth and employment, said the General Minister of Government, Ludwig Reynoso, at the First “Guerrero Mining Forum: Transforming the Local Supply”. 

As mining is the second most important activity in Guerrero, Reynoso emphasized, it is important to have a strong relationship with the companies, "The important thing is to strengthen the companies and attract more investment, so that the wealth they generate stays in the state to improve the living conditions of the people of Guerrero," he said.

What is Guerrero’s Mining Potential?

The Guerrero Gold Belt, one of Mexico’s most prominent gold deposits, is receiving positive updates regarding its reserve estimates. Following approximately three decades of exploration and drilling, the Guerrero Gold Belt has evolved into one of Mexico’s most mined regions, particularly renowned for its gold extraction, as reported by MBN.

During the initial states of its development, the Guerrero Gold Belt may not have garnered much interest, largely due to its high-copper content. However, this changed swiftly gold was discovered, as explained by David Jones, a globally recognized geologist. Today, a multitude of companies operate within the region and an influx of additional companies is expected soon.  

In 2022, Guerrero ranked third in gold production, accounting for 13.8% of the national production total. Additionally, as reported by the Ministry of Economy,  the state boasts production of silver, copper, iron, lead and zinc,. According to David Jones, the region is likely to harbor more than 10Moz of undiscovered gold. This geological formation spans approximately 80km in width, positioning Guerrero as one of the top four gold-producing states in the country, following Sonora and competing with Zacatecas and Chihuahua, which have a more extensive mining history.

Despite its potential, establishing genuine relationships with local communities and enhancing security in the state have proven to be challenging. For instance, Minera Cuzcatlán has faced accusations of generating adverse environmental impacts. The company has said that during its more than 15 years of operation in Mexico, it has consistently adhered to all legal, fiscal, regulatory, labor and environmental obligations.