Orla Mining advances Camino Rojo project in Mexico
Over the last month, Orla Mining (TSX: OLA) has completed two deals that help pave the way for developing its Camino Rojo gold project in Mexico’s Zacatecas state, 50 km…
Agnico Eagle Mines
Raymond James lowers metals forecasts for 2020
Raymond James has updated its metal price forecasts for the year due to the COVID-19 pandemic. Its new full-year forecast for gold in 2020 is US$1,594 per oz., down from…
US markets fall, Feb. 17-21: Agnico, AngloGold Ashanti, Barrick, Coeur Mining
With the coronavirus epidemic and trade tensions clouding the economic outlook, the Dow Jones Industrial Average fell 1.38% to 28,992.41 and the S&P 500 dropped 1.26% to 3,337.75. Safe haven…
Exploration Snapshot: Gold and silver projects of note
With the rise in the gold price over the past year, precious metals exploration has picked up steam worldwide. Below we feature eight companies across the exploration, development and production…
Orla secures financing for Camino Rojo in Mexico
Orla Mining (TSX: OLA) has reached an agreement with Trinity Capital Partners for a project finance facility of up to US$125 million to build its first mine — the Camino…
President of Mexico says ‘no new mining concessions’
Global mining companies operating in Mexico are working with the country’s mining chamber, Camimex, to determine the impact of Mexico’s President Andres Manuel Lopez Obrador’s statement earlier this month that…
Monarques Gold bets big on Quebec
It has a market capitalization of just $40.8 million, but Monarques Gold (TSXV: MQR; US-OTC: MRQRF) has a lot going on across its 300 sq. km of gold properties in…
Western Atlas Resources founder and CEO boosts stake in company
President and CEO Fabio Capponi of Western Atlas Resources (TSXV: WA) has increased his stake in the company to 23.37%, or 13.67 million common shares. The junior exploration company with…
Orla Mining drills Cerro Quema in Panama
With shareholders like Goldcorp (19.9%), Pierre Lassonde (11.1%) and Agnico Eagle Mines (9.9%), Orla Mining (TSXV: OLA) isn’t your typical TSX Venture Exchange-listed junior. Management and insiders own another 7.1%…
Osisko Mining builds critical mass in Quebec
In the first five months of the year, Osisko Mining (TSX: OSK) released resource estimates for two projects in Quebec while keeping in step with an ambitious drill program that…
Agnico Eagle slashes stake in Belo Sun Mining
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has sold 44.6 million common shares in Belo Sun Mining (TSX: BSX), slashing its stake in the company from 19.14% to 9.57%. The…
TSX posts modest gains, March 5-9
Canada’s benchmark index rose 1.25% to 5,577.81 during a largely stagnant trading week. The S&P/TSX Global Mining Index fell 0.35% to 70.33 and the S&P/TSX Global Gold Index fell 0.75%…