Tuesday, July 1, 2025

Thieves nab gold and silver ingots worth up to US $8 million

Thieves in Sonora stole a load of gold and silver ingots worth as much as US $8 million from an armored vehicle on Friday.

The 47 ingots, containing an alloy of gold and silver and called doré bars, belonged to the Penmont Mining Company and were being transported by the Sepsa security company when the vehicle was attacked by armed civilians on the Caborca-Sonoyta highway a little after 9:00pm.

The company revealed the estimated value of the loss in an official statement.

“The approximate total is estimated to be between $6 million and $8 million, which is insured according to the company’s security protocols.”

Unofficial reports have indicated that three Sepsa guards were injured in the attack.

The ingots were being shipped by Penmont, a company that is owned by mining giant Fresnillo, from the Noche Buena mine.

This is not the first time Penmont has been the target of highway robbery in the region.

In August 2015, an armed caravan of three vehicles stole four kilograms of gold and 100 ounces of crude silver, then valued at 4.3 million pesos (US $225,000), from a company vehicle.

Source: El Imparcial (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Mexico's budget deficit

Mexico slashes budget deficit by US $8.5B as tax collection surges 8.9%

6
A 38.4% boost in revenue from import taxes and a 5.3% decrease in public spending from January-May helped to majorly reduce Mexico's budget deficit.
the commute from Tijuana to San Diego

Number of cross-border workers from Baja California drops 20%

0
INEGI data showed that Baja California residents who commute regularly to work in Southern California stood at 70,642 in Q1 of 2025, down from 87,190 in the first quarter of 2024.
Sinaloa violence

20 killed in gruesome massacre attributed to ‘Los Mayos’ in Culiacán

0
The massacre of 20 people, five of whom were decapitated, is the deadliest single episode of violence of what has widely been described as a "war" between "Los Chapitos" and "Los Mayos."