Mining in Mexico to restart
Mining in Mexico, the world’s largest silver producing country, is set to fully resume next week as authorities implement a gradual nationwide return to a “new normal,” which will see…
First Majestic Silver Corp
First Majestic calls on NAFTA to arbitrate tax dispute in Mexico
First Majestic Silver (TSX:FR; NYSE: AG) has initiated an arbitration process against Mexico under the North American Free Trade Agreement (NAFTA) over a dispute over taxes. The Canadian miner said…
Silver miners hit hard by lockdowns, GlobalData says
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe. Thirty-two countries have passed partial or complete lockdown orders, leading…
TSX slips, Oct. 14-18: First Majestic, Wesdome, Alamos Gold, Teck
The S&P/TSX Composite Index fell 0.23% to 16,377.10. The S&P/TSX Global Mining Index lost 1.29% to 73.48 and the S&P/TSX Global Base Metals Index dropped 0.60% to 96.86. The S&P/TSX…
Top-10 silver companies by market cap
The Northern Miner presents the top-10, silver-focused companies by market capitalization. 1. Fresnillo Market cap: $8 billion With 61.8 million oz. silver production in 2018, Mexico City-headquartered Fresnillo (LSE: FRES)…
TSX rises, Aug. 5-9: Wheaton; First Majestic; Pan American; Asanko Gold
The S&P/TSX Composite Index posted a 0.43% gain to 16,341.30. Spot gold finished the trading week at US$1496.20 per oz., up US$56.20 per oz., or 3.9%. The S&P/TSX Global Gold…
Americas Silver plans to pour gold by year-end at Relief Canyon
Americas Silver (TSX: USA; NYSE-AM: USAS) expects to produce gold before year-end at its fully funded Relief Canyon project in Nevada, 153 km northeast of Reno. The mine will produce…
US markets rise, April 1-5: Lithium Americas, Sibanye-Stillwater, First Majestic
The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99….
Silver & PGMs Snapshot: Mexico a magnet for Canada’s silver seekers
Silver remains a prime target for mineral explorers and miners, particularly those active in Mexico and other Latin American countries. Here is a look at five silver-focused companies plus a…
SilverCrest finds high grade
VANCOUVER — SilverCrest Metals (TSXV: SIL; US-OTC SVCMF) is making rapid progress exploring its flagship Las Chispas silver-gold project, 180 km northeast of Hermosillo, Mexico. The company has drilled more than…
US stocks slip, Oct. 10-14
U.S. equities ended in the red overall, as investors focused on third-quarter earnings. The Dow Jones Industrial Average fell 0.6% to 18,138.38, while the S&P 500 Index lost nearly 1%…
Cyprium starts trial mining at Potosi
Cyprium Mining (TSXV: CUG) has begun small-scale mining at the past-producing underground Potosi silver-lead-zinc mine in northern Mexico, with plans to increase throughput. Potosi is in Chihuahua’s historic Santa Eulalia…