Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
Gekko Systems has announced that South American mining company, Minera Santa Cruz, has ordered five InLine Leach Reactors (ILRs) for its San José mining project in Santa Cruz province, Argentina. The order comprises Gekko Systems’ innovative ILRs, purpose-designed silver electrowinning cells, and associated equipment.
Minera Santa Cruz, jointly owned by Hochschild Mining Argentina Corporation (a wholly-owned subsidiary of Hochschild Mining PLC and Minera Andes SA), commenced gold and silver mining operations during 2007. Hochschild Mining PLC utilizes Gekko Systems’ ILRs for its Selene silver and gold mining operation in Peru. Gekko also installed a direct electrowinning system for the recovery of silver and gold….MEIOnline
