Judicial Reform to Reshape Mexico: Legal Experts

The approval of the judicial reform raises concerns about the independence of the Judicial Power and the potential influence of political affiliations, experts say. In other news, GR Silver announced a private placement to obtain over CA$1.76 million (US$1.3 million). The company said it will use the resources to finance exploration in the San Marcial area at its flagship Plomosas project in Sonora. 

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Mexico. Judicial Reform and a New Country

Rubén Cano Balcorta, Founding Partner, CR Legal Partners Mexico, notes that Mexico is on the brink of becoming a new country with the passing of the judicial reform. This change, which alters the foundation of the Federal Judicial Power, will lead to the popular election of ministers, magistrates, and federal judges, raising concerns about the independence of the judiciary and the potential influence of political affiliations. With its far-reaching implications, the reform signals a shift that could compromise the integrity of Mexico’s courts and fundamentally reshape the nation's future, he says. 

WIM Durango Appoints Karely Solís as New President

Women in Mining (WIM) Durango appointed its new Board of Directors. The organization, which promotes sustainable mining focusing on gender equality, named Karely Solís as the new President of its Durango chapter. Solís called on organizations to collaborate to address the challenges the mining sector faces. 

Luca Mining Reports 49% Revenue Increase in 2Q24

Canada-based Luca Mining reported significant growth in net revenue, earnings, and cash flow. The company achieved a record net quarterly revenue of US$18.2 million, a 49% increase compared to the same period in 2023.

Sheinbaum Administration Aims to Address AHMSA Crisis

Coahuila Governor Manolo Jiménez has announced that he is engaging with the incoming federal government to find potential solutions for the crisis at Altos Hornos de México (AHMSA). Jiménez stressed that the main focus is to protect the workers' economic well-being and secure their jobs.

DLE Lithium Extraction: A More Sustainable Approach

As the world shifts toward electrification, demand for lithium is expected to surge over the next decade. To meet this increasing demand, a new wave of startups is pioneering Direct Lithium Extraction (DLE), an innovative method designed to unlock untapped lithium sources.

GR Silver Mining to Raise CA$1.76 Million 

GR Silver Mining announced a non-brokered private placement to raise up to CA$1.76 million. The company outlined that part of the funds will finance exploration in the San Marcial area at its flagship Plomosas project.