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Excellon Resources

Canadian mining company From Wikipedia, the free encyclopedia

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Excellon Resources is a Canadian mining company that operates the La Platosa mine and the La Negra mine silver mines in Mexico.

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Organization

Excellon Resources is a Canadian mining company[1] that operates the La Platosa silver mine in La Sierrita, Mexico. In 2012, the company was led by CEO and president Brendan Cahill.[2] In 2023, Shawn Howarth was the CEO.[3]

It is based at 10 King Street East, Toronto.[3]

Activities and history

The company owns the La Platosa mine, one of Mexico's most silver rich mines.[4] The mine operates at Durango[5] on land owned by the Ejido La Sierrita community. The company was accused of failing to build a water treatment plant by the Ejido La Sierrita community. The community submitted two complaints to the Government of Canada including one to the Extractive Sector CSR Counsellor.[2] In 2022, the company announced plans to close the La Platsoa mine,[4] in the third quarter of the year, citing disputes with the worker's union and global metal prices.[6]

In 2023, the company spent $50 million to purchase the La Negra silver mine in Querétaro, Mexico. The mine was previously owned by Dalu S.à r. l.[1]

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See also

References

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