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Minco has mucho interest in making a success of its Mexico mining business. The company owns precious metals mining concessions in the Mexican states of Zacatecas and San Luis Potosi through a 40% ownership in Xtierra Inc. Its Laguna property in Zacatecas has proven reserves of silver, as well as gold and mercury. Minco also has holdings in copper and gold properties near Durango, Mexico. Formerly known as Irish Marine Oil, the company has licenses to explore for gold and zinc in Ireland, where is is focused on its Pallas Green zinc project, a joint venture with Xstrata...
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