Protect your "precious" - ITS STARTED!

[5huggy]

The "BADDIES" are off to a FLYING START! 🙄 😲

Armed group robs Mexican gold mine, flees in plane

 

MEXICO CITY (Reuters) - An armed group stormed a gold mine in northern Mexico and stole bars of gold and silver alloy before fleeing in a light aircraft, mine operator Minas de Oro Nacional said.

Minas de Oro Nacional, a subsidiary of Canadian firm Alamos Gold Inc., said in a statement late on Wednesday that the robbery at the Mulatos mine in Sonora state occurred when a group of five “heavily armed” people assaulted security staff who were transferring bars of the precious metals onto a plane.

Within 10 minutes, the robbers loaded the goods onto a separate plane that landed alongside. The aircraft, which appeared to be a Cessna 206, then took off towards a mountain range, Minas de Oro Nacional said. It did not detail the amount or value of the stolen bars.

 

The Miners’ Association of Sonora (AMSAC) said the incident was the second recent robbery at a Sonora mine, after an armed group in late March stole from Mineria Penmont, a subsidiary of Fresnillo. It called on law enforcement to work with mining companies to step up security amid broader instability due to the coronavirus crisis.

“During this sanitary emergency ... the industry is in a transition stage in its operations in order to adhere to the federal and state government orders, which makes it a vulnerable target for organized crime,” the group said in a statement.

Article here  - - - > > https://www.reuters.com/article/us-mexico-robbery/armed-group-robs-mexican-gold-mine-flees-in-plane-idUSKCN21R2NN

[BullionBuyer]

Do miners process gold on site to produce gold bars???

I thought miners just dig a hole, extract the ore and process the ore and then send the metal off somewhere else to be processed into bars and coins. Obviously I am no mining expert!!!!!! 

[5huggy]

19 minutes ago, BullionBuyer said:

Do miners process gold on site to produce gold bars???

They produce what are known as Dore bars !between 75/80% purity in most cases - these then go of to refiners!

[MancunianStacker]

They keep the dust and nuggets on site so yeah they should have had security (read guns). 

[5huggy]

FYI - 

A doré bar is a semi-pure alloy of gold and silver. It is usually created at the site of a mine and then transported to a refinery for further purification.

The proportions of silver and gold can vary widely. Doré bars weigh as much as 25 kg.

from here - - > > https://en.wikipedia.org/wiki/Doré_bar