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Despite the ban on open pit mining projects announced by SEMARNAT, the company remains optimistic about the future of the industry.
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The Ministry of Environment announced that permits for open pit mining projects will not be issued due to their impact on the environment.
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The company reported results of multiple silver and gold assays, in addition to sharing its next exploration plans.
Weekly Roundups
López Obrador called for an immediate vote on the electricity reform to have a decision on the future of lithium in the next 15 days
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With 27 new drill permits, the company will now explore the entire Panuco North vein system.
Weekly Roundups
Mexico's new labor reform and its prohibition against subcontracting prevented Fresnillo from reaching its 2021 production goals.
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Once the transaction is complete, the new owner, Zacatecas Silver, will work to bring the project to production.
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The company's future drilling work at its Panuco project seeks to test the extent of the veins and analyze previous work.
Weekly Roundups
Mexico continues to be the world´s top silver producer and Peru’s elections affect Grupo México, among this week’s top news.