Excellon Resources Explained
| Excellon Resources |
| Industry: | Mining |
| Hq Location: | 10 King Street East, Suite 200 |
| Hq Location City: | Toronto |
| Hq Location Country: | Canada |
| Key People: | Shawn Howarth (CEO) |
| Products: | Silver |
Excellon Resources is a Canadian mining company that operates the La Platosa mine and the La Negra mine silver mines in Mexico.
Organization
Excellon Resources is a Canadian mining company[1] that operates the La Platosa silver mine in La Sierrita, Mexico. In 2012, the company was led by CEO and president Brendan Cahill.[2] In 2023, Shawn Howarth was the CEO.[3]
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.[4] The mine operates at Durango[5] 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. 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.[6]
In 2023, the company spent $50 million to purchase the La Negra silver mine in Querétaro, Mexico. The mine was previously owned by Dalu S.à r. l.
See also
External links
Notes and References
- Web site: Rani . Archana . 2023-01-10 . Excellon to acquire La Negra Mine in Mexico for $50m . 2023-06-30 . Mining Technology . en-US . 2023-02-05 . https://web.archive.org/web/20230205002914/https://www.mining-technology.com/news/excellon-la-negra-50m/ . live .
- News: Pauls . Karen . 25 February 2015 . Canadian Embassy went too far to protect mining company interests in Mexico, critics say . CBC . 30 June 2023 . 3 December 2022 . https://web.archive.org/web/20221203173109/https://www.cbc.ca/news/canada/manitoba/canadian-embassy-went-too-far-to-protect-mining-company-interests-in-mexico-critics-say-1.2970108 . live .
- Web site: 2023-01-20 . Excellon CEO hails 'transformational' La Negra acquisition . 2023-06-30 . www.mining-journal.com . en . 2023-04-01 . https://web.archive.org/web/20230401205758/https://www.mining-journal.com/resourcestocks-company-profiles/resourcestocks/1446826/excellon-ceo-hails-transformational-la-negra-acquisition . live .
- Web site: Jamasmie . Cecilia . 16 May 2022 . Excellon eyes new assets ahead of Platosa closure . Mining.com . 30 June 2023 . 18 March 2023 . https://web.archive.org/web/20230318233447/https://www.mining.com/excellon-eyes-new-assets-in-mexico-ahead-of-platosa-closure/ . live .
- Web site: 2017-06-09 . Silver starts flowing at Excellon's La Platosa . 2023-06-30 . www.mining-journal.com . en . 2023-01-30 . https://web.archive.org/web/20230130115843/https://www.mining-journal.com/site-visits/news/1177559/silver-starts-flowing-excellons-la-platosa . live .
- Web site: Duran . Paloma . 17 May 2022 . Excellon Resources' Platosa Mine to Stop Operations in 3Q22 . 2023-06-30 . Mexico Business . en . 2023-05-29 . https://web.archive.org/web/20230529194548/https://mexicobusiness.news/mining/news/excellon-resources-platosa-mine-stop-operations-3q22 . live .
