Fresnillo Receives New Explosives Permit for Herradura Mining Unit

Reuters reported that Mexico has awarded Fresnillo plc (LSE:FRES) a new explosives permit that will allow it to resume operations at one of its gold mines.

As quoted in the market news:

A ban on the use of explosives imposed in October after a dispute with the local community had paralysed production at Fresnillo’s Herradura mining unit of the Minera Penmont, and forced it to lower its 2013 gold output targets.

The world’s largest primary silver producer now expects to resume operations at the mine next week.

Click here to read the full Reuters report.