First Majestic Silver Corp. is giving up concessions in the area, and the government says it will not authorize new mining permits there.
Huichol Indians received backing from a wide variety of Mexican artists, intellectuals and civic groups objecting to mining in the area known as Wirikuta. A protest concert was scheduled for Saturday in Mexico City.
The area involved is home to the Cerro Quemado, a mountain where the Huichol believe the sun was born. The Huichol still conduct ceremonies and make an annual pilgrimage to the Wirikuta reserve near the town of Real de Catorce.