Mexico Mining Review 2019

Page 126

| VIEW FROM THE TOP

LOOKING BACK ON A SIX-YEAR ACHIEVEMENT RAÚL CRUZ Director General of SGM

122

Q: What were SGM’s most important advances during the

natural events that could cause damage to their health

last six years?

and property.

A: Thanks to the hard work of our valuable personnel and the invaluable support of both the Ministry of Economy and the

In terms of exploration for radioactive minerals, anomalous

Undersecretary of Mining, during the current administration,

radiometric responses, hydrothermal alterations, geophysical

significant progress was made in SGM’s institutional activities.

responses and geological conditions to identify and locate

We achieved upward growth in the fulfillment of our goals

uranium minerals were checked and analyzed. This broadened

and objectives. There are a few successes worth mentioning.

existing research by 17 percent compared to November 2012. It expands the exploration to the states of Durango and Oaxaca,

First, through the promotion of strategic sectors outlined in

which has allowed an increase in the reserves of resources by

the National Development Plan 2013-2018, SGM generated

more than 120 percent in the same period.

a cartography specialized in geology, mapping, mining, geochemistry, geophysics and mineral resources of the

The Gas Associated with Coal Deposits project was formally

country. As of June 2018, we have mapped 861,234km ,

concluded and, in compliance with the amendments to the

equivalent to 62.6 percent of the national territory with mining

Hydrocarbons and Mining Laws, information on the geological

potential.

potential of the areas studied in the northern states of the

2

country was given to CNH. Simultaneously, a cooperation Support and advice were provided to 336 primarily small

agreement was confirmed that will allow SGM access to

and medium scale mining projects, as well as large mines

information related to hydrocarbons and to participate in joint

through exploration services. We used latest-generation

geological exploration.

technology, allowing us to identify with greater certainty minerals associated with economically-feasible deposits. In

SGM was rated as one of the top 10 agencies of the Federal

some cases, we applied hyperspectral technology, which

Public Administration. In 2016, it took eighth position among

consists of an overhead technique that measures the energy

270 agencies and in 2017 it ranked second. SGM revenues

from the sun reflected on the surface of the terrain. This

went from a deficit of MX$70 million in 2012 to a surplus of

allows the identification of alteration minerals on the earth’s

MX$254 million in 2017, which exceeds the MX$212 million of

surface that are the product of hydrothermal solutions and

fiscal resources received as support in the budget.

physical-chemical processes, indicative of possible deposits of minerals at depth.

SGM, has broadened the scope of the 1:50,000 scale geological mapping in Mexican states such as Veracruz,

SGM integrated 24 mining investments into its portfolio that

Oaxaca and others in Southeast Mexico. These states so far

included metallic minerals deposits such as gold, silver, copper,

have not attracted a great deal of mining activity but they

lead, zinc, molybdenum and tungsten. Of the assessed Mining

have great potential.

Assignments, SGM withdrew its rights from the Ministry of the Economy and 10 mining investment projects were proposed

Q: What are the areas of opportunity and how does SGM

for competitive bidding through a public process.

plan to face these? A: We consider it necessary to revise the current regulations

As for other activities, SGM developed the Natural Disaster

governing the functions of SGM, and we estimate that some

Risk Atlas for six municipalities in Hidalgo, as well as the

of them need to be updated, others adapted and expanded,

State Atlas of Yucatan, benefiting approximately 4 million

to allow SGM greater flexibility and efficiency in its operations.

inhabitants, whose authorities now have an instrument for

This would improve services and products generated for

consultation and guidance to protect the population from

Mexican society. Fortunately, there are several ideas and


Turn static files into dynamic content formats.

Create a flipbook

Articles inside

A TECHNOLOGY PARTNER, NOT A TECHNOLOGY PROVIDER

1min
page 276

POLICY PRIORITIES

1min
pages 206-207

IN MEXICO FOR THE LONG HAUL

1min
page 366

EXPERTISE OF THE INDUSTRY WITHIN THE EXCHANGE

1min
page 352

DEVELOPMENT BANK STRENGTHENS ROLE AS A FINANCIAL INTERMEDIARY

1min
page 355

CHANGING THE MINING IMAGE IN MEXICO

1min
page 341

ON TRACK TO FINDING A PERMANENT SOLUTION TO BLOCKADES

1min
pages 306-307

HOW ZACATECAS DEVELOPS THE BEST MINING TALENT

1min
page 258

COMMUNITY, LAND TENURE CONSIDERATIONS FOR EFFICIENT DEVELOPMENT

1min
pages 154-155

LOOKING BACK ON A SIX-YEAR ACHIEVEMENT

1min
pages 126-127

POWERING UP TO BECOME WORLD’S NEXT MAJOR LITHIUM PRODUCER

1min
pages 110-111

OPERATOR PROGRESSING WITH EXPANSION AMID SECURITY CONCERNS

1min
pages 78-79

COLLABORATION, AGREEMENTS TO PROMOTE MINING DEVELOPMENT

1min
page 17

CHINA, THE GOLDEN MARKET FOR METAL EXPORTATION

1min
page 364

EDUCATE TO ENCOURAGE GREATER BMV PARTICIPATION AMONG MINERS

1min
page 353

PREPARING THE MINING INDUSTRY FOR THE DIGITAL REVOLUTION

1min
pages 18-19

GROWING THROUGH ADVANCED TECHNOLOGICAL APPLICATIONS IN MINING

1min
page 159

LATAM, A STRATEGIC REGION FOR CHEMOURS’ MINING SOLUTIONS

1min
page 226

PREDICTION OF A GENERATIONAL TALENT GAP CAUSED BY THE DOWNTURN

1min
page 252

ZINC SURPLUS TO FEED US MARKET

1min
pages 100-101
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.