Torex Gold plans to start the Media Luna mine in late 2023, although formally the opening of operations is planned for the first half of 2024, said Alfredo Phillips, director of Mexico’s Corporate Affairs for Torex Gold. Media Luna is an underground deposit containing mainly gold, silver and
Germany’s export boom was slowed by the Covid-19 pandemic, the German Federal Bank (Bundesbank) noted. In April, Germany’s exports to the world totaled 108.9 billion euros, a year-on-year drop of 7.9 percent. At the same time, German imports totaled 91.6 billion euros, a decrease of 4.5%, at the
Mexico topped the list of the main destinations for US corn exports, with 6.8 million tons from October 2019 to March 2020. Corn is the most widely produced food grain in the United States, accounting for more than 95% of total production and use. Behind Mexico, among the
Imports of cyanide from Mexico totaled 47.6 million dollars in the first quarter of 2020, for a total of 26,989 tons, ranking as the first world importer, according to data from the Ministry of Economy. These imports also include complex oxycyanides and cyanides. With a general downward trend
Mexico increased its walnut exports by 11.7% in the first four months of this year, to 152.6 million dollars, according to data from the Ministry of Agriculture. In general, the demand for peanut and nut products is greatest during the last four months of the calendar year. As
One of the main factors in the drop in investment in mining exploration in Mexico is due to the elimination of the immediate deductibility of investments in this area, according to the Mexican Mining Chamber (Camimex). For this reason, it has maintained its demand to again allow 100%