Miner Fresnillo says explosives permit reinstated in Mexico mine
MEXICO CITY Oct 9 (Reuters) - Fresnillo, the world's largest primary silver producer, has had its explosives permit reinstated at its Noche Buena mine in northern Mexico, the company said in a regulatory filing on Wednesday.
Fresnillo said the permit had been suspended after a land dispute with a local agrarian community. The Noche Buena mine, which produced 36,690 ounces of gold in 2012 and is run by the company's Minera Penmont subsidiary, is now operational, Fresnillo said.
However, Fresnillo said it is still awaiting approval from a magistrate in the northern state of Sonora to reinstate explosive permits at its Herradura and Soledad mines.
"Fresnillo Plc is currently evaluating the impact on the 2013 gold production guidance and will be in a position to update the market following the lifting of the suspension of the explosives permit at Herradura and Soledad," the company said.
- U.S.'s Kerry expresses regret to India over diplomat case |
- Washington, DC city council raises minimum wage to $11.50/hr in 2016
- Mega Millions winners in Georgia, California to split $648 million |
- China confirms near miss with U.S. ship in South China Sea
- Fed cuts bond buying in first step away from historic stimulus |