Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Mexico’s antitrust authority, Cofece, has approved Pan American Silver’s acquisition of all issued and outstanding common shares of Yamana Gold, which has gold, silver and copper assets in Latin America.
The company had to halt operations at its 70%-owned Cerro Los Gatos silver mine in Mexico, following the suspension of its explosive and blasting permit.
Mining industry investment in Mexico would increase in 2022, but would still be far from the record figures of a few years ago, due to the effects of growing security problems in the country, a high tax burden and the government’s decision to stop granting new concessions.