Torex Gold Completes Guajes Tunnel Before Schedule

Canada-based Torex Gold announced the successful completion of the Guajes Tunnel, a fundamental feature to unlock production in 2024. Furthermore, the federal government announced the recovery of two of the 10 miners trapped in the Pinabete mine collapse in Sabinas, Coahuila.

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Torex Gold Completes Guajes Tunnel Three Months Ahead of Schedule
Torex Gold announced the successful completion of the Guajes Tunnel, achieving this milestone three months earlier than anticipated. The company views this achievement as a pivotal moment in advancing its flagship Media Luna project, effectively mitigating risks associated with subsequent developments and positioning itself to commence concentrate production in 2024.

Regency Silver Options Two Past Producing High-Grade Silver Projects Near San Dimas

Canada-based Regency Silver announced it entered an option agreement to acquire two contiguous claim groups near the San Dimas mine in Durango. The company sees these acquisitions as strategic and in line with its plan to acquire high-grade projects in established mining districts. 

Codelco-SQM to Form a Public-Private Lithium Partnership

Chilean lithium producer Sociedad Quimica Chilena (SQM) announced it entered a joint venture with the state-owned copper producer Codelco to extract the lithium in the Atacama salt deposit. The move is part of leftist Chilean President Gabriel Boric’s plan to gain more control over the battery metal. 

Government Finds Remains of Two Coal Miners at El Pinabete

The federal government reported the recovery of the remains of two of the 10 miners who were trapped at the El Pinabete coal mine in Sabinas, Coahuila. This discovery comes almost a year and a half after the mine collapsed in August 2023, resulting in 10 fatalities.

Canuc Resources Initiates Mapping and Sampling Program at San Javier

Junior company Canuc Resources announced it will start a geological mapping and sampling program at its flagship San Javier Silver-Gold project in Sonora. The company believes the program will back its plans for further work and launch an effective drilling campaign at San Javier.