US markets up, Jan. 18-22
The Dow Jones Industrial Average rose 0.6% to finish the week at 30,996.98 and the S&P 500 climbed 0.02% to 3,841.47. Spot gold jumped US$26.90 per oz., or 1.47%, to…
Fortuna Silver Mines
Inomin Mines acquires La Gitana and Pena Blanca in Mexico
Inomin Mines (TSXV: MINE) has announced an agreement to acquire Gunpoint Exploration’s (TSXV: GUN) La Gitana and Pena Blanca gold-silver properties, located 100 km east of Oaxaca City, Mexico. Under the agreement,…
Coronavirus hits Peru’s mining sector
Mining companies operating in Peru are being forced to keep operations suspended and halt new ones as confirmed coronavirus cases in the country jumped past 300,000 on Sunday, with several…
Extended lockdowns hit copper production
Peruvian copper mine Antamina, owned by BHP (NYSE: BHP; LSE: BHP) and Glencore (LSE: GLEN), has reported 210 positive cases of coronavirus and said the date to restart operations is…
US markets drop, March 30-April 3: Consol Energy, Cameco, Rio Tinto, Kirkland Lake, Wheaton Precious Metals, Fortuna
The Dow Jones Industrial Average fell 2.70%, or 584.25 points, to 21,052.53 and the S&P 500 dropped 2.08%, or 52.82 points, to 2,488.65. Spot gold fell finished the week at…
Royalty dispute dogs Fortuna Silver in Mexico
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is contesting demands for a 3% royalty of the billing value of minerals obtained from the concession hosting its San Jose mine in…
Fortuna’s Lindero on track for production in Q3 2019
Construction is accelerating at Fortuna Silver Mines’ (TSX: FVI; NYSE: FSM) Lindero project in northern Argentina, and commercial production is planned to start by September 2019, the company says. “The…