Guatemala: Marlin Mine Production to Increase 35%

Goldcorp plans to increase production from 296.100 ounces of gold in 2010 to 400.000 in 2011.

Monday, February 7, 2011


If the goal is met, it would be the second highest percentage growth. reports in their article, "the company, owner of Montana Exploradora, which operates Marlin, estimates it will produce in 2011 between 2.65 million and 2.75 million ounces of gold in all of their mines, in which the Guatemalan operation would contributes less than half a million ounces, the second in volume for the multinational."

More on this topic

Goldcorp takes steps to improve human rights at Marlin

July 2010

Goldcorp To Implement Human Rights Assessment Recommendations; Commits To Integrate Human Rights In Business Process

VANCOUVER, BRITISH COLUMBIA, June 30, 2010 – GOLDCORP INC. (TSX: G, NYSE: GG) today presented its initial response to the recently completed independent human rights assessment (HRA) prepared by On Common Ground Consultants Inc.

Guatemala: 77% Increase in Tax Revenue from Mining

November 2010

In the first 9 months of 2010, tax revenues from mining increased by 77% compared to same period in 2009.

Guatemala collected a total of $ 42.5 million as a result of this activity so far in 2010, $ 18.6 million more than the same period in 2009.

Mario Marroquin Rivera, from the Mines Union, said the increase could be attributed to rising international prices of gold and silver and the increase in production of certain mines.

Belgium Mining Company in Honduras

March 2012

Belgian mining company Nyrstar has bought 92.3% of the shares in Breakwater, the principal partner in El Mochito, the American Pacific Honduras mine.

Belgian-based multinational Nyrstar paid $626 million for 92.3% of the shares of Breakwater, principal partner in the American Pacific Honduras mine (known as Ampac or El Mochito), through its Canadian subsidiary, Nyrstar Resources Canada.

The Mining Sector in Nicaragua

August 2014

In the last six years capacity mining production in the country has tripled and it is expected to increase even more with the startup of two new projects.

According to Denis Lanzas Cisneros, vice president of the Chamber of Mines of Nicaragua, one of the main reasons behind the growth of the sector in recent years is the regulatory framework which established the Mining Act, which "...

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