US markets mixed, Aug. 30-Sept. 3
The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P 500 climbed 26.06 points or…
Mexico and Central America
Agnico Eagle increases stake in Candelaria Mining to 19.6%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has upped its interest in Candelaria Mining (TSXV: DCAND; US-OTC: CDELF), with an additional $6 million investment bringing its ownership in the Mexico-focused…
Torex releases three-year guidance for ELG, Media Luna plans
Torex Gold Resources (TSX: TXG) has released its multi-year production outlook for the El Limon Guajes (ELG) gold mining complex in Mexico, about 180 km southwest of Mexico City. The…
Bacanora Lithium accepts Ganfeng’s US$391M takeover offer
China’s Ganfeng Lithium, one of the world’s top producers of the battery metal, is going ahead with the takeover of Bacanora Lithium (LSE: BCN) as the Mexico-focused explorer and developer has accepted a sweetened £284.8…
GR Silver Mining reports first resource for Plomosas in Mexico
GR Silver Mining (TSXV: GRSL; US-OTC: GRSLF) delivered the first 43-101 compliant resource estimate for its Plomosas project in Sinaloa, Mexico. The resource estimate at Plomosas includes two areas —…
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference….
First Quantum’s subsidiary ready to renegotiate Cobre Panama’s concession
First Quantum Minerals’ (TSX: FM) subsidiary Minera Panamá issued a communiqué over the weekend stating that it has not yet met with Panamanian authorities to discuss the renewal of the…
Sierra Metals updates Bolivar copper-silver PEA to include iron ore
Sierra Metals (TSX: SMT; NYSE: SMTS) has updated the preliminary economic assessment for its Bolivar copper-silver mine to include production of a saleable iron ore concentrate. The underground mine and…
Top ten US-based mid-tiers to juniors, excluding coal and precious metals
The companies making up the 2021 top ten list of U.S.-based mid-tiers and juniors, excluding coal and precious metals, have seen some of the most dramatic increases in valuations as…
Mako’s San Albino mine achieves commercial production milestone
Mako Mining (TSXV: MKO) has declared commercial production effective July 1 at its San Albino mine in northern Nicaragua. San Albino has a 500 tonne per day gravity and carbon-in-leach…
Vizsla Silver picks up the pace at Panuco
Success didn’t come immediately for Vizsla Silver (TSXV: VZLA; US-OTC: VIZSF) when it began its first drill program at its Panuco silver-gold project, in Mexico’s Sinaloa state, in early 2020,…
Magna Gold declares commercial production at San Francisco mine
Magna Gold (TSXV: MGR; US-OTC: MGLQF) has declared commercial production at its 100%-owned San Francisco gold mine in Sonora, Mexico. That puts the company on track to meet its 2021…