Mining Activity to Be Reactivated in San Ignacio, Sinaloa
Home > Mining > Article

Mining Activity to Be Reactivated in San Ignacio, Sinaloa

Photo by:   pixabay
Share it!
Karin Dilge By Karin Dilge | Journalist and Industry Analyst - Tue, 03/21/2023 - 15:45

The municipality of San Ignacio, Sinaloa, is seeking to resume mining activities to enhance the area and foster economic development, which is mainly dependent on livestock and agriculture.

Mayor Octavio Bastidas stated that the Canadian company First Majestic’s mine, which extracts gold and silver, could reopen this year and employ at least 150 people living in the mountain towns.

"This mine has been around for many years; it is not new, but it had legal issues. Now, everything has been resolved and there is a plan for this mine to start functioning again. That is what we want to promote; we want it to happen this year," he said.

Bastidas added that in April, there will be a meeting with the Ministry of Economy of Sinaloa, the mining delegation of San Ignacio and First Majestic representatives to develop a plan to involve the inhabitants of the communities of La Contraestaca and Tayoltita.

The mayor stated that with the San Ignacio-Tayoltita highway, currently under construction by the federal government, the various productive activities in the border regions of Sinaloa and Durango will be improved. This includes agriculture, livestock and trading, along with mining, an industry that has been exploited for many years and now seeks to provide nearby residents with another employment option.

Due to its geological characteristics, the state of Sinaloa has great potential in mineral resources, both metallic and non-metallic. There have usually been 16 mining areas in the state where mining activity has been developed to a greater extent: Choix, El Fuerte, San Blas, Sinaloa, Mocorito, Badiraguato, Culiacan, El Salado, Cosala, San Ignacio, Las Ollitas, Contraestaca, Mazatlan, Concordia, Rosario and La Rastra.

According to data from Sinaloa’s Economic Development Council (Codesin), the state ranks seventh nationally in active mining projects, with great potential for metals such as gold, silver, copper and iron, as well as minerals including marble, lime, granite and zinc.

As of 2020, the mining industry in Sinaloa had 1,928 registered workers insured by IMSS. There is also a record of 30 companies operating in the state, both in exploration and exploitation, with valid concessions covering 1.6 million ha representing 30% of the state's surface area.

Photo by:   pixabay

You May Like

Most popular

Newsletter