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The Newmont Pe\u00f1asquito 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.<\/p>\n\n\n\n
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 its capacity to reach 592,000 ounces of gold in 2024.<\/p>\n\n\n\n
\n\u201cCurrently, the life of the mine is calculated to be 2030, 2032, and it will depend on the decisions we make in the next two years and the context, whether we can expand to more than that period,\u201d said Ana L\u00f3pez Mestre, country manager and director of sustainability, Newmont Mexico.<\/p>\n<\/blockquote>\n\n\n\n
In view of the possible legislative reform that would prohibit open-pit mining, the company’s country manager hopes that there will be dialogue between the companies and the government of Mexico to reach a good end.<\/p>\n\n\n\n
He stressed that open-pit mining activity represents 60% of production at the national level and added: “We believe that it is important that there is a dialogue, of all the parties involved and governments such as that of Zacatecas, a state with the second-largest level of production in Mexico.”<\/p>\n\n\n\n
For his part, David Meador, general director of Pe\u00f1asquito, said: \u201cWe are reviewing many options for the future, Pe\u00f1asquito has a great importance in Zacatecas and Mexico.\u201d<\/p>\n\n\n\n
He also said that the company is at an important moment in the studies that will allow us to find minerals: \u201cWe have seven or eight years of life here, but there are studies, exploration, we are confident that it will continue in the future,\u201d he said.<\/p>\n\n\n\n
Source: El Sol de Zacatecas<\/em><\/p>\n\n\n\n
Author: Mayra Flores Ccopa – Espa\u00f1a | Pan-American Mining<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
The Newmont Pe\u00f1asquito 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…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495,12],"tags":[1591,3022,1019],"coauthors":[1644],"class_list":["post-9514","post","type-post","status-publish","format-standard","hentry","category-latest-news","category-the-headlines","tag-newmont-corporation","tag-open-pit-mining-2","tag-zacatecas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t