Pan American Silver has announced new drill results for its La Colorada underground mine in Zacatecas, Mexico, including multiple high-grade veins that indicate the potential for expansion of silver mineral resources, extension of mine life, and improved economics. “Our exploration efforts have identified high-grade intercepts below and along the strike of the known La Colorada vein system, east of the…
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Peñasquito Mine aims to extend its life span
The Newmont Peñasquito open-pit mine, installed in the Municipality of Mazapil, state of Zacatecas, Mexico, intends to maintain its production beyond the seven-year life period it has calculated, according to company executives. The commercial activity of the mine, a leader in gold extraction but also a producer of copper, silver, zinc and lead, began 14 years ago and gradually increased…
Read MoreStrike over at Newmont Peñasquito
Newmont said it has come to a deal with the National Union of Mine, Metal and Allied Workers of the Mexican Republic to bring a strike at its Peñasquito operation in the Zacatecas state to an end. The strike was initially called June 7. The parties submitted its agreement to the Mexican Labor Court on October 13, which was approved.…
Read MoreCamino Rojo declares commercial production
Canadian producer Orla Mining has announced commercial production has started at its Camino Rojo oxide gold operation in the Zacatecas state, Mexico. The declaration comes after the operation completed a successful commissioning period, including the ramp-up of mining and processing to sustained throughput levels in excess of 75% of its designed nameplate capacity of 18,000 tonnes per day. “All major…
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