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THE MASSIVE 46 STORY TALL STRUCTURE: The Penasquito Mine Tailings Dam
THE MASSIVE 46 STORY TALL STRUCTURE: The Penasquito Mine Tailings Dam The colossal Penasquito Mine’s tailings dam will reach a stunning height of a 46 story skyscraper over the next decade. That is, if the mine reopens and is allowed to continue business as usual. Newmont-Goldcorp suspended operations at Mexico’s second largest silver mine on […]
MORE TROUBLE IN MEXICO: Second Largest Silver Mine Suspended Operations
MORE TROUBLE IN MEXICO: Second Largest Silver Mine Suspended Operations In just a little more than a week after the mighty Newmont-Goldcorp merger was finalized, the company suspended operations of its largest gold-silver mine in Mexico. The Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in […]
A Volcano That Could Completely Cover Mexico City With Volcanic Ash Just Erupted 200 Times In A 24 Hour Period
A Volcano That Could Completely Cover Mexico City With Volcanic Ash Just Erupted 200 Times In A 24 Hour Period The most dangerous volcano in Mexico just erupted 200 times in a 24 hour period, but there has been an almost total blackout about this in the U.S. media. Authorities are saying that the odds […]
NEXT OIL DOMINO TO FALL? Mexico Becomes A Net Oil Importer
NEXT OIL DOMINO TO FALL? Mexico Becomes A Net Oil Importer While Mexico suffered the bloodiest year of violent deaths in 2018, even bigger trouble may be ahead for the embattled country. For the first time in more than 50 years, Mexico has become a net importer of oil. This is undoubtedly bad news for […]
It’s Happening – The Most Dangerous Volcano In North America Just Erupted And Shot Ash Nearly A Mile Into The Sky
It’s Happening – The Most Dangerous Volcano In North America Just Erupted And Shot Ash Nearly A Mile Into The Sky A lot of us have been watching Mt. Popocatepetl for a very long time. Could it be possible that we are now on the verge of the most destructive volcanic eruption in the modern […]
What collapse is like: Guadalajara Mexico
What collapse is like: Guadalajara Mexico Preface. Collapse can be local rather than national. There are 5 states within Mexico the State Department warns not to travel to: Colima,Guerrero, Michoacán, Sinaloa, and Tamaulipas because violent crime, such as homicide, kidnapping, carjacking, and robbery, are widespread. There are 11 more states the state department says you […]
Mexico’s Oil Crisis Deepens
Mexico’s Oil Crisis Deepens Mexico’s state oil company Pemex said it produced an average 1.76 million bpd of crude in October, down 7 percent from October last year, Reuters reports, citing data released by the company. This is also one of the lowest monthly production rates since 1990 when records began. The decline was attributed to […]
Tectonic Plate Splits in Two Raising Risks for West Coast
Tectonic Plate Splits in Two Raising Risks for West Coast San Andreas Fault in California Can Be Observed from the Sky Recent studies have revealed that the massive earthquake which stuck Mexico actually split a tectonic plate in two. This has done more than just shaken the ground. It has also shaken up the geologist […]
Defiant Energy Policy of Mexico’s President-Elect Rattles Moody’s and Fitch
Defiant Energy Policy of Mexico’s President-Elect Rattles Moody’s and Fitch But it’s going to be tough; he’ll need more than luck to pull it off. Moody’s has rated the $2 billion of senior unsecured notes due 2029 that Mexico’s state-owned oil company Pemex is in the process of issuing one notch above junk. Pemex is offering […]
Category 3 Hurricane Willa Makes Landfall In Mexico Tonight – 500,000 Tourists In Path
Category 3 Hurricane Willa Makes Landfall In Mexico Tonight – 500,000 Tourists In Path Category 3 Hurricane Willa is expected to make landfall in and around Mexico’s Pacific Coast Tuesday evening with “life-threatening storm surge, wind, and rainfall,” according to the National Hurricane Center (NHC). Willa briefly sustained Category 5 storm with 160 mph winds on Monday, then […]
Big Oil Cheers Trump’s ‘New NAFTA’ But Mexico Could Complicate Things
Big Oil Cheers Trump’s ‘New NAFTA’ But Mexico Could Complicate Things While the oil and gas industry has lauded the new trade deal that may soon replace the North American Free Trade Agreement (NAFTA), a provision added by Mexico, along with its new president’s plan to ban fracking, could complicate the industry’s rising ambitions there. The new agreement, […]
Oil’s $133 Billion Black Market
Oil’s $133 Billion Black Market Oil is still the world’s leading energy source, with growing demand, a fluctuating pricing system, and much of its production in volatile regions. The oil market’s value is larger than the world’s valuable raw metal markets combined, with an annual production valued at US$1.7 trillion. A flourishing black market is […]
USMCA: New Economic Alliance Formed to Isolate China
USMCA: New Economic Alliance Formed to Isolate China The almost 25-year-old North American Free Trade Agreement (NAFTA) has been relegated to the dustbin of history. The United States, Canada, and Mexico have agreed on a trilateral trade deal — the United States-Mexico-Canada Agreement (USMCA) — to replace it. As expected, the agreement finalized on Sept. 30 is intended to stimulate production […]
President-Elect of Mexico’s Bombshell: Economy in “Situation of Bankruptcy”
President-Elect of Mexico’s Bombshell: Economy in “Situation of Bankruptcy” And why are Bank of Mexico executives and employees resigning in droves? Around 200 central bank employees, including 20 senior executives, have left their posts at the Bank of Mexico (Banxico) since presidential elections on July 1 handed a resounding victory to populist Andrés Manual Lopez […]
Mexico’s Central Bank Just Broke with the War on Cash
Mexico’s Central Bank Just Broke with the War on Cash Motivated by inflation? A strange thing just happened in Mexico. The Bank of Mexico (Banxico), announced that it is considering launching a 2,000 peso note (ca. $105), double the highest denomination note currently in circulation. It’s also considering doing away with Mexico’s lowest denomination 20 […]
