Trump Threatens China With 200% Tariffs Over Magnet Supply

US President Donald Trump threatened China with tariffs of up to 200% if the country does not supply magnets to the United States. In other news, Mexico’s mineral-metallurgical production contracted 3.9% in June 2025, month-on-month, according to INEGI’s latest data. Despite contractions, Zacatecas reported a leading position in gold, silver, lead, and zinc production. 

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Trump Threatens 200% Tariffs on China Over Magnet Supply

US President Donald Trump announced that China must supply the United States with magnets or face tariffs of up to 200%, escalating trade tensions between the two countries. Over the past year, Beijing has expanded its export restrictions, adding several rare earth products and magnets to the list in response to US tariff hikes.

Quality Data Begins With In-Field Collection: Zonge International

Francisco Romero, Senior Geologist, Zonge International, stresses that the quality of geophysical data, captured correctly at its origin in the field, remains the most fundamental element for successful mineral exploration, even in an era of advanced technology.

Torex Gold Completes US$26 Million Acquisition of Reyna Silver

Torex Gold Resources has completed the acquisition of Reyna Silver, following shareholder approval on Aug. 11, 2025. The all-cash deal, valued at approximately US$26 million, was based on a purchase price of US$0.13 per share for all outstanding common shares.

Internal Factor Account for 50% of Risk Prevention: MRA 

David Betancourt, Director General, Mining Risk Advisors, notes that while external crime is a significant factor, a large portion of security-related losses in the mining sector can be attributed to internal factors that are within a company's control. He argues that instead of normalizing an assumed loss of 5% to 7% from issues like internal theft, companies can gain a competitive advantage by investing 2% or 3% in robust, tax-deductible security solutions.

COFECE Greenlights Pan American’s Acquisition of MAG Silver

Pan American Silver and MAG Silver announced that the Mexican Federal Economic Competition Commission (COFECE) approved the acquisition of MAG Silver by Pan American. Once the transaction is completed, Pan American Silver will gain exposure to one of Mexico’s largest silver-producing mines: the Juanicipio mine in Zacatecas. 

Energy Transition in the Mining Industry

Facing the dual challenge of rising energy prices and the complexities of operating in remote locations, Mexico's mining companies are shifting to a model of active energy management, integrating efficiency, self-generation, and new technologies to secure long-term viability.

Mexico's Mining Production Contracts 3.9% in June 2025

Mexico’s mineral-metallurgical production contracted 3.9% in June 2025, month-on-month, reports INEGI. Zacatecas solidified its position as the country's leading producer of precious and base metals, ranking first in the production of gold, silver, lead, and zinc.