Day: November 28, 2013

Mexican drug cartels now make money exporting ore

Mexican drug cartels looking to diversify their businesses long ago moved into oil theft, pirated goods, extortion and kidnapping, consuming an ever larger swath of the country’s economy. This month, federal officials confirmed the cartels have even entered the country’s lucrative mining industry, exporting iron ore to Chinese mills.

Almaden Infill Drilling on Main and Northern Zones, Hits 101.00 Meters of 1.92 g/t Au, 113.2 g/t Ag (4.2 g/t AuEq) at Ixtaca, Mexico

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity and high grades of the Main and Northern zones defined with previous drilling. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

Mexican Congress approved the Tax Reform

On October 31, 2013, the Mexican Congress approved the Tax Reform, only pending the countersign by the President of Mexico and its publication in the Federal Official Gazette for its full entry into force.

Construirá Aqwise planta a AHMSA

Minera del Norte S.A. de C.V., (Minosa), filial de Altos Hornos de México, suscribió un acuerdo con la israelí Aqwise para la construcción de una planta de tratamiento de aguas residuales para su Unidad Cerro de Mercado, productora de mineral de fierro localizada en la ciudad de Durango.

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