Q: How would CAMIMEX describe the state of Mexico's mining sector, and what are the primary areas CAMIMEX is focusing on?

JG: CAMIMEX has been diligently addressing both internal and external issues. Internally, we are focusing on modernizing and strength the Chamber, while improving our information-sharing mechanisms across different groups of mineral producers. Externally, we have been actively collaborating with authorities to navigate complex legal cases, such as those under the Mining Law, while addressing insecurity concerns affecting mining operations throughout Mexico.

Q: What are the main initiatives CAMIMEX has implemented during your presidency?

JG: Our initiatives have focused on modernizing the way we address mining issues with authorities and the public. We have worked to standardize safety, environmental, and sustainability standards. Additionally, we have worked to improve communication with authorities and the media to ensure the dissemination of accurate information about the mining sector, as there is a high level of misinformation and fake news.

Q: What is your opinion on the Mining Law and the proposal to ban open-pit mining? 

JG: The evolution of the Mining Law has undergone several phases, initially suggesting impractical measures such as the separation of minerals often found together in mining operations. Fortunately, these have been revised to adopt a more pragmatic approach, though they still pose challenges rather than facilitating industry growth. 

The constant change in laws is also an issue. Just as companies were adapting to the Mining Law, new proposals like the ban on open-pit mining, which lacked any solid technical or logical foundation, were introduced. There is no substantiated evidence indicating that open-pit mining poses greater risks to the environment or to worker safety. Open-pit mining now constitutes 60% of operations, with underground mining comprising 40%. If this law were to pass, the economic and employment impact on the sector would be significant. We firmly believe that such a ban should not be approved, as it lacks foresight and rationale.

Q: Is further regulation of the mining sector necessary, and if so, in which areas?

JG: The mining industry is already over-regulated. Introducing more regulations, especially those that hinder mining activities, would be counterproductive. It is crucial for us to maintain competitiveness vis-à-vis our counterparts in Latin America, Canada, and the United States. Instead of introducing new laws and bureaucratic hurdles, we should focus on enhancing competitiveness. In addition, simplifying regulatory requirements to ensure compliance is paramount.

One significant issue with regulations is that even when we adhere to the law, permits and concessions are often denied, which is both unlawful and lacks coherence. It appears that those involved in drafting these laws may not have a comprehensive understanding of the intricacies of the mining industry.

Q: How does the mining sector position itself on ESG matters?

JG: We are aware that there is still a long way to go but we have been advancing on multiple fronts, not only on environmental matters but also on social initiatives, such as promoting gender equality and creating more opportunities for women. Over 77,000 women work in the mining industry, and this figure is steadily increasing across diverse roles. 

KF: While each company in our industry produces its own sustainability reports, CAMIMEX developed a comprehensive, industrywide ESG report that shows the industry’s responsible water management practices, boasting over 100 operational treatment plants. The sector’s annual reforestation initiatives cover more than 2,500ha contributing positively to the environment. We anticipate that our impact will significantly amplify in the coming years, affirming our commitment to sustainability.

Q: What changes does CAMIMEX expect for the mining sector after the federal elections, and what measures are being taken to improve relations with the incoming government?

JG: Mining will endure despite challenges. The demand for new minerals, the creation of jobs in remote areas, and Mexico’s economic needs will continue to support the industry. Regardless of the election results, the mining sector will remain strong. We have been engaging with authorities at various levels to highlight the crucial role of mining and its positive impacts on the economy and society. Our goal is to promote law enforcement and better security measures rather than conflict. Mexico offers abundant mining opportunities that we anticipate will be unlocked, given that over 70% of its territory remains largely unexplored.

KF: CAMIMEX is committed to bridging gaps and nurturing communication channels with authorities. Together, we aim to collaboratively develop public policies that propel the mining industry forward and unlock Mexico's vast potential.