Alcyone to commission silver mine by September

The companies announced the verified discovery of one of the largest palladium mineral systems in Australia.

The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.

The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.

The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.