Global silver demand posts record high of 1.2B oz in 2022
All major silver demand categories achieved record highs in 2022, pushing total demand to a new high of 1.2 billion oz. last year, according to the Silver Institute. In its…
Silver
Endeavour Silver greenlights Terronera mine despite capex rise
The board of Endeavour Silver (TSX: EDR; NYSE: EXK) has decided to build its Terronera mine in Jalisco state, Mexico, despite cost pressures that have emerged from systemic inflation and…
Discussions on Mexico’s mining law overhaul to begin today
Discussions related to the proposed overhaul of Mexico’s mining laws are set to begin today at the parliament’s lower chamber. The Environment and Natural Resources Commission is expected to submit…
Endeavour Silver reports 18% production boost in Q1
Precious metals miner Endeavour Silver (TSX: EDR; NYSE: EXK) has released first quarter production results showing an 18% increase in silver equivalent output compared to the same period last year….
Hecla firms up deal to acquire ATAC Resources
Hecla Mining (NYSE: HL) has entered a definitive agreement to acquire Yukon-focused junior ATAC Resources (TSXV: ATC; US-OTC: ATADF) for an implied value of $39 million. The deal, which has…
Site visit: Prismo Metals’ Hot Breccia project blooms in Arizona copper belt
The helicopter arcs around the scrubland hills like the start of a M*A*S*H episode. Except these hills are in Arizona, not Korea, and they’re studded with giant saguaro cactuses on…
NGEx shares shoot up 23% on new copper-gold discovery in Argentina
NGEx Minerals’ (TSXV: NGEX) shares surged Tuesday on results from the first drill program at its Potro Cliffs project in northwest Argentina that reveal a potential major new copper-gold system….
Dundee Precious extends Chelopech mine life to 2031
Dundee Precious Metals‘ (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased the mine life by two years to 2031. While the overall reserve base…
Site visit: Calibre presses pedal to the metal in Nicaragua despite the Ortega tinge
In the smothering 35° Celsius dry heat in the shadow of no fewer than 19 active volcanoes, Canadian outfit Calibre Mining (TSX: CXB; US-OTC: CXBMF) is accelerating gold production growth…
Mexico okays Pan American Silver-Yamana Gold deal
Mexico’s antitrust authority Cofece has approved Pan American Silver‘s (TSX: PAAS; NASDAQ: PAAS) acquisition of all issued and outstanding common shares of Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), which…
Scotgold Resources shares collapse on grades and funding woes
Shares in troubled miner Scotgold Resources (LSE: SQZ) fell more than 70% on Monday after it warned there was “significant” uncertainty over its ability to keep operations going at Scotland’s…
Southern Silver expands resource at Cerro Las Minitas in Mexico
Southern Silver Exploration (TSXV: SSV) has posted a slight resource increase at its Cerro Las Minitas project in Mexico that sent its shares up 9.4%. The overall resource at the…