Tag Archives: mining

AMLO to Go after US Mining Company for Exporting Gravel

By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) said Monday, May 2, said that he will bring legal action against the Mexican-Alabama joint venture mining corporation Calica Legacy Vulcán for extracting gravel for export, rather than for local consumption. During his daily morning presser, López Obrador said that, from a flyover of Calica-Legacy Vulcan he

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AMLO’s Consolation Prize Lithium Bill Passes Congress

By THÉRÈSE MARGOLIS Just two days after the congressional defeat of his controversial electricity reform bill — which would have prioritized state-run carbon-based energy sources over clean private-sector sources — Mexico’s Senate on Tuesday, April 19, passed Andrés Manuel López Obrador’s (AMLO) “Plan B” lithium bill as a political consolation prize for the president. The new bill, which will ensure

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After Electricity Reform Failure, AMLO Pivots to Lithium

By KELIN DILLON Just one day after Mexican President Andrés Manuel López Obrador’s (AMLO) controversial electricity reform was blocked from passing by opposition members of the Chamber of Deputies, López Obrador returned with a new initiative – legislation nationalizing Mexico’s natural lithium supply – for the parliamentary chamber to vote on during its Monday, April 18, session. Never one to

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Eco Reserve Being Mined to Provide for Tren Maya

By THE PULSE NEWS MEXICO STAFF With official authorization from the Secretariat of the Environment and Natural Resources (Semarnat), three private companies are currently extracting tons of volcanic rock in the Balzapote ejido, within the Los Tuxtlas Biosphere Reserve in Veracruz, to take it to the Yucatan Peninsula and be used in the construction of the Tren Maya tourist train,

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AMLO Promises Energy Self-Sufficiency for Mexico by 2023

By THE PULSE NEWS MEXICO STAFF With the government’s new Dos Bocas oil refinery slated to open in July and the expanded operations of the Paraíso refinery in Tabasco, President Andrés Manuel López Obrador (AMLO) said Tuesday, April 12, that Mexico will be self-sufficient in gasoline, diesel and turbine fuel production by the year 2023. Speaking during his quarterly State

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AMLO Pays Unexpected Homage to Mexico’s Fourth Richest Man

By THE PULSE NEWS MEXICO STAFF After mining mogul Alberto Bailleres, Mexico’s fourth richest man, died Thursday, Feb. 2, at age 90 of natural causes, Mexican President Andrés Manuel López Obrador (AMLO) paid an unexpected homage to the billionaire on Friday, Feb. 3, saying that “while we did not always see eye-to-eye” with Bailleres, the two had maintained a 29-year

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Even without Reform, AMLO Won’t Grant Lithium Permits

By THE PULSE NEWS MEXICO STAFF Regardless of whether his controversial electric energy reform — currently in Congress awaiting passage — is approved, there will be no government concessions for the exploration and exploitation of Mexico’s lithium reserves, President Andrés Manuel López Obrador (AMLO) said Thursday, Oct. 7. During his daily morning press conference at the National Palace, AMLO warned

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AMLO Proposes New Lithium Law Reform

By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) said Thursday, Sept. 23, that his government is preparing a reform in the matter of national lithium extraction and commercialization. During his daily morning press conference, AMLO said that the reform could be included in the initiative on the electricity industry, which he expected to be sent

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