Reuters - Mexico's Minera Frisco, owned by billionaire Carlos Slim, said on Monday production at its gold and silver mine El Coronel was suspended due to an "illegal act" by a small group of workers. No further details were provided.Mining
Men found dead in riverbed are U.S. mining executives
Mining.com - Two men, reportedly the CEO and CFO of U.S.-based exploration firm Southridge Minerals, have been found dead in a river in Mexico. The company has been involved in a controversy over its rights over the Cinco Minas project.
www.mining.com/men-found-dead-in-mexico-river-said-to-be-southridge-minerals-main-executives-31812/
DynaResource files action against Goldgroup Mining
CNW - DynaResource and its affiliate DynaResource de Mexico, the full owner of the San Jose de Gracia Project in Sinaloa is seeking an injunction in a Dallas Court against Goldgroup Mining alleging Goldgroup has wrongfully used property and data.
Silver production dips as grades fall at Fresnillo
Business News - Silver production at Mexico City-based Fresnillo dipped slightly in 2012 due to declining ore grades at the Fresnillo mine, the world's largest primary silver producer, in Zacatecas state.
www.bnamericas.com/news/mining/fresnillo-2012-silver-production-dips-as-grades-fall-at-flagship-mine
Mining bill to be presented in first half of 2013
Business News Americas - Mexico's government will present a new mining bill in the first half of 2013. The bill is expected to include reforms to concessions and mining rights payments aimed at benefiting local communities.
www.bnamericas.com/news/mining/mexico-mining-bill-to-be-presented-in-the-first-half-of-20131
Excellon rejects claim of irregularities at Mexico mine
Reuters - Silver miner Excellon Resources rejected a non-governmental organization's claim that Mexican regulators have found environmental irregularities at its La Platosa mine, which has seen a number of protests over the last six months.
www.reuters.com/article/2012/12/10/excellon-mexicomine-idUSL4N09K3QX20121210
Penoles reports "incident;" media says 3 miners dead
Reuters - A mine in central Mexico owned by silver giant Industrias Penoles reported an "incident" on Friday that local media said was an explosion that killed three people and trapped six others.
www.reuters.com/article/2012/11/30/us-mexico-mine-idUSBRE8AT18U20121130
Endeavour Silver acquires Mexico property
Stockhouse - Endeavour Silver Corp. said that it has purchased the San Fernando mineral property located about 1.5 kilometers northwest of Endeavour's Guanacevi Mine properties in Durango State, Mexico.
www.stockhouse.com/natural-resources-news/2012/nov/28/endeavour-silver-acquires-mexico-property.aspx
Rights group probes Canadian mine in Mexico
CBC - A gold and silver mine in Mexico owned by the Vancouver-based company Fortuna Silver — and the death of a prominent activist opposed to the operation — were the focus of a three-day international observation mission last week.
www.cbc.ca/news/canada/story/2012/11/25/mexico-fortuna-silver-mine-probe.html
MAG Silver calls move for expulsion illegal
Nasdaq - MAG Silver Corp. said that a meeting in which by landholders from Benito Juarez decided to expel MAG from its Cinco de Mayo property and establish a 100 year mining moratorium was called and conducted illegally.
Mining investments seen reaching record $7.6 billion
Dow Jones - Investment in Mexico's mining sector is expected to reach an all-time high this year of $7.6 billion, up 36 percent from 2011, and to keep rising in 2013 despite a decline in international prices for most metals.
