Puerto Vallarta News

Puerto Vallarta News

Mine Robbers Make Off With $8.5 Million in Gold

Armed robbers took $8.5 million in gold from a refinery at a mine in Mexico's western Sinaloa state, a Canadian mining firm says.

A statement from Canada-based McEwen Mining Inc. says the theft occurred Tuesday at the El Gallo 1 mine and involved 900 kilograms (1,984 pounds) of gold-bearing concentrate containing approximately 7,000 ounces of gold.

The company said Tuesday that the crime was being investigated by Mexican authorities.

It said its insurance policies will not be enough to cover the losses. The statement said no one was injured and mining operations were not . . .

Read Full Story

Related Posts

peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...
San Miguel Guadalupe Day

San Miguel Guadalupe Day turns streets into a sea of faith

San Miguel de Allende marked Guadalupe Day with packed Masses, street processions, and neighborhood celebrations...
Puerto Vallarta buses

Puerto Vallarta buses are coming but is 38 enough?

Jalisco Gov. Pablo Lemus says 38 new buses reach Puerto Vallarta next week, kicking off...
pope mexico

Sheinbaum calls Pope and hints at a 2026 Mexico visit

Sheinbaum phoned Pope Leo XIV on Dec. 12, inviting him to Mexico and tying it...