Vulcan Materials Takes Calica Case to Mexico’s Supreme Court
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Vulcan Materials Takes Calica Case to Mexico’s Supreme Court

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Fernando Mares By Fernando Mares | Journalist & Industry Analyst - Wed, 04/30/2025 - 18:13

US-based Vulcan Materials’ subsidiary Calica presented its case before Mexico’s Supreme Court, aiming to gain a definitive ruling on whether it may continue extracting limestone from the subsurface of Playa del Carmen. In other news, Grupo México’s mining division was the main driver of the company’s revenue during 1Q25. The company’s good performance was due to the increase in precious and base metals. 

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Calica Seeks Supreme Court Ruling to Resume Operations

Calica formally requested that Mexico’s Supreme Court take up its case and issue a definitive ruling on whether it may continue extracting limestone from the subsurface of Playa del Carmen.

Defiance Silver to Acquire Green Earth Metals

Defiance Silver has entered a non-binding letter of intent (LOI) to acquire Green Earth Metals Inc. (GEMS), a privately held company with a portfolio of exploration assets in Mexico. This proposed transaction would allow Defiance to acquire all issued and outstanding shares of GEMS, strengthening its presence in Mexico.

Local Supply, Culture Understanding Boost Tech Adoption: CEC

Cameron Stockman, Managing Director, CEC Mining Systems, notes that trade friction is driving the company to explore manufacturing alternatives for critical components in the Mexican market as a shift in supply chain strategy.

Agnico Eagle Produces 873,794oz Gold in 1Q25

Canada-based gold company Agnico Eagle reports that it produced 873,794oz of gold in 1Q25, a decrease from the 878,652oz produced in 1Q24. The company also reports advances on the San Nicolas project in Zacatecas, whose feasibility study is expected to be completed by 2H25.

Survey Shows Green Economy, AI Supporting Silver; Tariffs Are a Risk

Michael DiRienzo, Executive Director, The Silver Institute, delves into the World Silver Survey 2025, forecasting a 2025 silver market deficit of 117.6Moz and highlighting AI's impact on boosting 2024 industrial demand to a record 680.5 Moz.

TMC Files Deep-Sea Mining Applications Under US Seabed Code

The Metals Company has submitted formal applications for a commercial recovery permit and two exploration licenses under the US seabed mining framework, advancing in its efforts to tap into deep-sea resources. This move follows an executive order by former President Donald Trump aimed at accelerating offshore mining to secure critical minerals, despite pushback from environmental organizations.

Mining Division Drives Grupo México’s 1Q25 Revenue

Mexico-based base metals producer Grupo México reported revenue growth of 10.4% in 1Q25. The company attributed its double-digit growth to the production level and efficiency achieved in its mining operations. 

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