Category Archives: Mining

Mining exec apologizes for statement about cartels

National Post – The head of a mining company robbed of $8.5 million in gold in Mexico is apologizing for a statement he made in a television interview following the theft. Rob McEwen, president and chairman of McEwen Mining Inc. said that the company has had “a good relationship” with the cartels in the region.

http://news.nationalpost.com/news/canada/canadian-mining-executive-apologizes-for-saying-company-has-good-relationship-with-mexican-cartels

Robbers loot $8.5 million in gold from Canadian mine

The Globe and Mail – Armed robbers have looted about $8.5-million worth of gold from a Canadian mining company in Mexico. Toronto-based McEwen Mining Inc. said the robbers escaped with an estimated 900 kilograms of gold-bearing concentrate, which contained some 7,000 ounces of gold, from the refinery at its El Gallo 1 mine in Sinaloa.

http://www.theglobeandmail.com/report-on-business/top-business-stories/armed-robbers-in-mexico-loot-85-million-in-gold-from-canadian-miner/article23830703/