Page 8 - Mining Chamber News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MMTP", also commercially known as "Latitude Silver") are pleased to announce the signing of a business combination agreement (the " Business Combination Agreement"). Pursuant to the Business Combination Agreement, Oro X will acquire 100% of the issued and outstanding shares of MMTP (the " Transaction").  With a team led by CEO Jose Garcia, Executive Chairman Luis Zapata, and Lead Advisor Paul Matysek, Silver X will be Latin America's next low-cost silver producer. The combination of Oro X's and MMTP's teams, assets and operational experience creates a growth-focused platform primed to cons...

Premium Content Is Mexico’s Road To Recovery Paved In Precious Metals? By Oxford Business Group - Feb 13, 2021, 10:00 AM CST Updated: Feb 13, 2021, 10:00 AM CST Mining was heavily disrupted last year as a result of Covid-19, with most mines and projects suspended for a number of months, before resuming activity under strict health guidelines. As a result, overall investment took a significant hit in 2020. According to estimates from the Mining Chamber of Mexico (Cámara Minera de México, Camimex), sector-wide investment fell by around 50% relative to pre-virus esti...