Search results
Results from the WOW.Com Content Network
In 2022, mining exports totaled $17.6 billion, generating a trade surplus of $12.8 billion. It directly employs over 370,000 workers and supports millions more in related industries such as ...
MEXICO CITY (Reuters) - Mexican authorities will investigate an incident at a gold mine in the Pacific coastal state of Guerrero which killed three workers, President Claudia Sheinbaum said on Friday.
Mining company Grupo Mexico closed its remediation fund in 2017, arguing that it had met legal requirements. Mexico is pursuing a criminal complaint against the country's biggest copper producer ...
Mexico is among the world's top oil producers and exporters. In 2022, Mexico's total energy supply (TES) consisted of oil, accounting for 44.3%, with natural gas at 39.0%, and coal at 5.5%. Biofuels and waste constituted 5.0% of the total, while other renewables, such as hydro, wind, and solar, combined to form 4.8%.
The union undertook industrial action in March 2022, after unsuccessful requests for a wage rise. [4] Union members accused Excellon Resources subsidiary Servicios San Pedro of harassment. [ 5 ] At the time the company reported draining problems, challenges from the regulatory environment and global precious metal prices.
In 2023, mining in Mexico represented 2.4% of the nation's gross domestic product, and 8.2% of Mexico's industrial GDP.The mining sector employed 350,000 people in 2020, and generated US$1.5 billion in direct government tax revenue, and an additional US$1.84 billion of government revenue from exports of mined natural resources.
The Mexican Mining Chamber (Camimex) opposes the ban on open-pit mining, saying such a prohibition would cause a 1% contraction in the country's GDP and threaten some 200,000 jobs.
The same month, Alamos Gold completed construction ahead of schedule of La Yaqui Grande, part of its Mulatos mining complex in Sonora, Mexico, [53] and was the recipient of the 2022 Silver Helmet Award by the Mexico Mining Chamber (CAMIMEX) which rewards companies with the best safety indicators in mining processes. [54]