Excellon Resources is a Canadian mining company that operates the
La Platosa mine and the
La Negra mine
La Negra mine is a silver mine in the Mexican state of Querétaro, owned by Excellon Resources.
Description
La Negra is a silver mine in Querétaro, Mexico. The mine has thirteen known ore bodies, overwhelmingly of silver, but also with sma ...
silver mines in Mexico.
Organization
Excellon Resources is a Canadian mining company
that operates the La Platosa silver mine in La Sierrita, Mexico. In 2012, the company was led by CEO and president Brendan Cahill.
In 2023, Shawn Howarth was the CEO.
It is based at 10
King Street East, Toronto.
Activities and history
The company owns the
La Platosa mine, one of Mexico's most silver rich mines.
The mine operates at
Durango
Durango (), officially named Estado Libre y Soberano de Durango ( en, Free and Sovereign State of Durango; Tepehuán: ''Korian''; Nahuatl: ''Tepēhuahcān''), is one of the 31 states which make up the 32 Federal Entities of Mexico, situated in ...
on land owned by the Ejido La Sierrita community. The company was accused of failing to build a water treatment plant by the Ejido La Sierrita community. The community submitted two complaints to the Government of Canada including one to the
Extractive Sector CSR Counsellor
The Office of the Extractive Sector CSR Counsellor was established in 2009 as part of the Government of Canada’s CSR Strategy for the International Extractive Sector. The mandate of the Counsellor is defined by an Order in Council.
Marketa Evan ...
.
In 2022, the company announced plans to close the La Platsoa mine,
in the third quarter of the year, citing disputes with the worker's union and global metal prices.
In 2023, the company spent $50 million to purchase the
La Negra silver mine in
Querétaro
Querétaro (), officially the Free and Sovereign State of Querétaro ( es, Estado Libre y Soberano de Querétaro, links=no; Otomi language, Otomi: ''Hyodi Ndämxei''), is one of the Political divisions of Mexico, 32 federal entities of Mexico. I ...
, Mexico. The mine was previously owned by Dalu
S.à r. l.
See also
*
Mining in Mexico Mining in Mexico represented 2.4% of the nation's gross domestic product in 2023 and employed 350,000 people in 2020. Mexico is the world's largest producer of silver and a globally significant producer of gold, copper and zinc. In 2020, Mexico prod ...
References
{{Mining in Mexico
External links
Official website
Mining companies of Canada
Companies based in Toronto