Mining Magazine October 2015 | Page 74

COMPAÑÍA MINERA PANGEA

Sinaloa in Mexico , is known for its rich agriculture and farming , but recently , the mining sector has gained prominence in this State due to Cia . Minera Pangea , a subsidiary of McEwen Mining , whose local operation includes the productive mining site “ El Gallo ” in phases II and I .

El Gallo Project in phases I and II
( Sinaloa , Mexico )
Before being acquired by McEwen , Pangea had already exploited the project “ El Magistral ” from 2002 to 2006 .
By 2007 , Euridice Gonzalez was appointed country manager for McEwen Mining Mexico , standing as one of the few women in mining .
Being a mining pioneer in Sinaloa , has not been easy to Minera Pangea . To change the overall view of the sector , the company -through Gonzalez- founded CONMIMEX ( Mining Business Council of Mexico ), as a support institution for small , medium and large-scale enterprises .
Since they became affiliates of the international corporation McEwen Mining , Minera Pangea has noted important improvements in the development of El Gallo and its production of gold and silver . The conglomerate has invested around US $ 200 million in recent years , which has benefited the exploitation of the area with scanning technology . These upgrades in machinery have optimized costs , time and
74 October 2015