Honduras: Mochito Mine Increases Production by 25%

In 2009, the zinc and lead mine Mochito, owned by Breakwater Resources, increased production by 25% when compared to 2008.

Tuesday, January 26, 2010

The mine produced 68.552 tons of zinc and 22.110 tons of lead in 2009.

In a press release, the company also announced that in 2010 it plans to invest $15.9 in mine development and new equipment, plus $1.6 million in mining exploration.

More on this topic

Guatemala: $151 million for Lead Exports

July 2014

The increase in sales of lead abroad has been attributed to the shipments that have begun from the Escobal mine, belonging to Canada's Tahoe Resources.

Lead exports increased by $141 million between January and May this year compared to the same period last year, according to the Central Bank of Guatemala.

Guatemala: Lead mine starts Operations

May 2014

In the first quarter sales abroad of lead totaled $83 million, due to the operation of the San Rafael mine, which extracts silver, lead, zinc and gold.

In eighth place out of the top 25 export products of the country, foreign sales of lead in the first three months of 2014 were equivalent to $83 million, while in the same period in 2013 the figure was just $1.5 million , according to the Bank of Guatemala.

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.

Guatemala: Marlin Mine Production to Increase 35%

February 2011

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

If the goal is met, it would be the second highest percentage growth.

Sigloxxi.com 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."

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