Month: May 2019

La Unidad de Inteligencia Financiera (UIF) de la Secretaría de Hacienda bloqueó las cuentas de Emilio Lozoya, exdirector de Petróleos Mexicanos (Pemex), y de Altos Hornos de México (AHMSA), tras identificar en el sistema financiero nacional e internacional múltiples operaciones con recursos que presuntamente no proceden de actividades lícitas y que posiblemente sean resultado de actos de corrupción.

Entre los principales proyectos mineros de México está la ampliación de la mina la Ciénega, ubicada en Durango y donde Fresnillo plc programó inversiones por 55 millones de dólares.

PRIZE MINING CORPORATION is pleased to announce that, further to its news release of May 1, 2019, it has closed the first tranche of a non-brokered private placement of 25,200,000 common shares at a price of $0.025 per Share for gross proceeds of $630,000.

Fred Davidson, President & CEO of IMPACT, stated, “In Q1 2019, silver prices continued to be challenging with prices below $16 USD/ounce. In reaction to these persistent low metal prices, IMPACT has reduced tonnage and focused on higher grades which resulted in a 16% reduction in cost and a 23% decline in revenue during the quarter. Going forward given the current silver price environment, we aim to break even on existing production levels while metal prices remain depressed and explore selective high-grade targets which IMPACT may fast track to higher grade production.”

Minera Alamos Inc. is pleased to announce the appointment of Carolina Salas as Vice President – Technical Services. Ms. Salas, who has worked with the Company’s senior management group at previous Mexican gold operations, will oversee final preparations related to the construction of commercial scale gold production facilities at the Santana Project in Sonora. Her addition will add further project development and operations expertise to an already strong in-country team with a proven track record successfully developing low capex gold projects.

La empresa Fresnillo plc invirtió 181.2 millones de dólares en actividades de exploración minera en 2018 y su objetivo para ese mismo rubro en 2019 es de 140 millones de dólares.