Alamos sells royalty portfolio to Metalla for $8M
Alamos Gold (TSX: AGI; NYSE: AGI) will sell a portfolio of 18 royalties on assets not owned by Alamos to Metalla Royalty and Streaming (TSXV: MTA; MTAFF) for US$8 million…
Mexico and Central America
TSX mixed, March 18-22: Barrick, INV and Seabridge
Canada’s benchmark index fell 0.31% to 16,089.22. The S&P/TSX Global Mining Index rose 1.4% to 75.07 and the S&P/TSX Global Gold Index rose 2.8% to 199. The gold price rose…
TSX Venture rises, March 18-22: Macarthur, Luminex and Mirasol
Shares of Macarthur Minerals rose 100% to 10¢. The company signed a life-of-mine offtake agreement to sell Glencore International iron ore that could be produced from Macarthur’s Lake Giles iron…
B2Gold earmarks US$43M for global exploration
B2Gold (TSX: BTO; NYSE-AM: BTG) was created as a junior exploration company in 2007, and since then it has grown to become an intermediate gold producer, with five mines in…
Bluestone hits more high-grade near Cerro Blanco in Guatemala
An infill drill program designed to upgrade inferred resources at Bluestone Resources‘ (TSXV: BSR; US-OTC: BBSRF) Cerro Blanco project in Guatemala has returned intercepts of 201.4 grams gold per tonne…
Equinox upgrades resources at Aurizona and Mesquite
Equinox Gold (TSXV: EQX; US-OTC: EQXFF) has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the…
Silvercrest upgrades Las Chipas ahead of PEA
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has upgraded the resource at its Las Chispas silver-gold property in Sonora, Mexico, to the indicated category for the first time. The project now…
Leagold achieves higher gold production with 2018 acquisitions
Leagold Mining (TSX: LMC; US-OTC: LMCNF) produced 302,550 oz. gold in 2018 from its four operating mines at US$974 all-in sustaining costs (AISC) for a US$83.2 million AISC margin. The…
Newmont rejects Barrick takeover, suggests Nevada JV
Barrick Gold (TSX: ABX; NYSE: GOLD) is attempting to “bite off substantially more than it can chew,” and has “a poor M&A track record,” Newmont Mining (NYSE: NEM) CEO Gary…
Gold & Precious Metals Snapshot: Drills turn across the Americas in search of precious metals
Gold and silver remain the preferred targets for North American mineral explorers, with thousands of campaigns ongoing across the globe. Here is a look at eight such companies. ALAMOS GOLD…
Silvercrest finds high-grade vein at Las Chispas
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has discovered the Babi Sur silver-gold vein on its Las Chispas property in Sonora, Mexico, through recent drilling. The company intersected high-grade silver and…
Gainey Capital confirms high grades at Las Margaritas
Gainey Capital’s (TSXV: GNC; US-OTC: GNYPF) first pass sampling at its newly-optioned Las Margaritas gold project in Durango, Mexico, sampled up to 40 grams gold per tonne and confirmed the…