https://newsletter.mw.creamermedia.com
Exploration|Gold|Industrial|Mining|Projects|Operations
Exploration|Gold|Industrial|Mining|Projects|Operations
exploration|gold|industrial|mining|projects|operations

Fresnillo sees no material impact from Mexico mining reform

9th May 2023

By: Creamer Media Reporter

     

Font size: - +

Silver and gold mining company Fresnillo said on Tuesday that it did not expect the recently enacted mining law reform in Mexico to have a material impact on its operations or its advanced projects.

The London-listed miner noted that it had all the necessary concessions in place to permit its operations on an ongoing basis, with the average remaining term for its concessions being 28 years.

Each concession would be subject to renewal at the end of their respective terms. The same goes for the group’s main advance exploration projects – Orisyvo and Rodeo – that have an average term of 33 years, with the option of renewal.

Regarding tailings dams, Fresnillo said it was still analysing any possible implications regarding the new requirements for the deposit of tailings or industrial residues. However, no significant adverse impact was anticipated.

Regarding concessions for Orisyvo and Rodeo, Fresnillo currently holds all concession permits which have an average term of 33 years, and which are in any case subject to renewal at the end of their respective terms.

 

Edited by Creamer Media Reporter

Comments

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.296 0.377s - 127pq - 2rq
Subscribe Now