Azure Minerals has recommenced diamond drilling at its wholly owned El Tecolote Project in Mexico with an increased exploration budget from its joint venture partner, Japanese Government organisation Japan Oil, Gas and Metals National Corporation (JOGMEC).
On Jan. 24, 2012 First Majestic Silver Corp. (AG) announced the inauguration of the new La Parrilla floatation/cyanidation plant in the State of Durango, Mexico on Jan. 18. The new plant has a total capacity of 2,000 tpd (1,000 tpd in the flotation circuit and 1,000 tpd in the cyanidation circuit). It is expected to be operating at full capacity in February 2012. It is currently operating at 1,500 tpd. Once completed, annual production from La Parrilla mine is estimated to be approximately 3.0 million ounces of pure silver, 6.0 million pounds of lead, and 4.3 million pounds of zinc. AG is now set to grow EPS by 73.10% in 2012. This is great news for investors, and it should provide a springboard for AG’s stock price to move significantly upward.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
