Mexico Approves GoGold to Develop Los Ricos South Mine
2026-06-09 11:24
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en.Wedoany.com Reported - Mexico's Ministry of Environment and Natural Resources (SEMARNAT) has issued all necessary authorizations and permits to mining company GoGold Resources, allowing it to develop the Los Ricos South underground mine in Jalisco, Mexico. Following regulatory approval, the company's board has authorized the start of construction, which is expected to take approximately 24 months from construction to production.

The company stated that this milestone marks a significant step in the development of the Los Ricos South project, enabling it to advance one of its major mining projects in Mexico. The project's design incorporates environmental protection measures and sustainable practices at all stages.

GoGold Resources Chairman and CEO Brad Langille emphasized the support of local communities and authorities. He stated that the company deeply appreciates and is committed to working with the people of Mexico and Jalisco, thanking them for their partnership and trust, and that the company will fully dedicate itself to creating long-term value for the country and its communities.

As the project progresses, the company will continue to maintain transparent communication with shareholders, communities, non-governmental organizations, and other stakeholders. Langille noted that this achievement reflects a shared commitment to responsibly developing resources, prioritizing environmental protection and community interests. The company expressed excitement about moving forward and looks forward to commencing construction while continuing to work closely with all stakeholders.

GoGold Resources expects the project to create local employment opportunities, drive economic growth in the region, and operate under high standards of environmental, social, and safety conditions. The company reaffirmed its commitment to protecting workers, contractors, neighboring communities, and the environment during the development and future operations of Los Ricos South.

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