Articles for tag: ban, bill, Mexico, mining, open, Pit, review

December 26, 2024

Ron Finklestien

mining

Mexico Considers Legislation to Prohibit Open Pit Mining

Mexico’s Open-Pit Mining Future Under Review Amid Economic Concerns “Open-pit mining warrants a thorough review, as activities such as sand extraction for cement production and lithium mining — critical for national development — are conducted using this method. It is vital to assess the specifics of the constitutional reform’s provisions,” Sheinbaum said in a statement. Environmental Safeguards versus Corporate Interests She emphasized that the review will focus on ensuring environmental protection and is independent of corporate interests. Industry Resistance to Mining Ban The Mexican Mining Chamber (Camimex) has voiced strong opposition to the proposed ban. Open-pit mining accounts for 60% of the

March 26, 2024

Ron Finklestien

mining

Northern Star’s Ambitious Endeavor: A Gargantuan Leap in the Gold Mining Realm

The Grand Expansion Project As Northern Star forges ahead, seeking to extend the colossal Super Pit, the proposed expansion entails widening and deepening the current excavation. Additionally, the blueprint includes ramping up the Fimiston II tailings storage facility while birthing a new TSF (Fimiston III). The audacious plan also involves clearing up to 1868 hectares, with 1580 hectares of native vegetation potentially affected, as disclosed in the application to Western Australia’s environmental authority. A Bold Vision Unfolding In an unyielding demonstration of their commitment, Northern Star, a gold behemoth and the premier publicly listed gold producer in Australia, earmarked A$1.5