Fresnillo-Peñoles silver deal hit by issues at Sabinas mine
Precious metals miner Fresnillo (LSE: FRES) warned on Tuesday that it’s facing challenges meeting its long-standing silver production agreement with Mexico’s Industrias Peñoles due to…
Fresnillo plc
Mexico’s president proposes ban on open pit mining, says it ‘transgresses human rights’
Mexican President Andrés Manuel López Obrador, known as AMLO, has proposed a series of constitutional reforms, including a ban on open-pit mining. Speaking before parliament,…
Lower silver output in Peru, Mexico to drag down global production
Global mined silver production will fall 2% in 2023 to 820 million ounces from 2022 totals due to lower output from operations in top producing…
JV Article: Discovery Silver’s Cordero project is in the big league
Discovery Silver (TSX: DSV; US-OTC: DSVSF) owns the largest undeveloped primary silver deposit globally by reserves and has attracted a tier one management team led…
Sonora police remove blockaders from Fresnillo’s La Herradura mine
Minera Penmont, a subsidiary of Fresnillo (LSE: FRS), announced that the Sonora police removed a number of blockades installed at different entry points of the…
RANKED: Top 10 longest-life precious metals mines under construction
Precious metals, long treasured for their lustre, beauty, stability and value, have diverse applications ranging from industrial and automotive to jewelry and investing. Demand for…
Prismo prepares to drill-test Palos Verdes near-surface high-grade shoot
Prismo Metals (CSE: PRIZ) is preparing to drill-test an important near-surface target at its flagship Palos Verdes gold project in Sinaloa state, Mexico, after receiving…
Orla Mining lays out its Mexico and Panama exploration aims
Following the first gold pour in December at Orla Mining’s (TSX: OLA; NYSE: ORLA) Camino Rojo oxide gold mine in Mexico, the company is embarking…
MAG Silver to acquire Gatling Exploration in all-share deal
MAG Silver (TSX: MAG; NYSE-A: MAG) is acquiring Canadian junior Gatling Exploration (TSXV: GTR) in an all-share deal. Gatling shareholders would receive 0.017 of a…
Mag Silver rallies on $60M infusion from Eric Sprott
VANCOUVER — Shares of Mag Silver (TSX: MAG; NYSE-AM: MAG) gained as much as 31% to a several month high of $17.87 on the 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,…
MAG Silver extends underground infrastructure at Juanicipio
BEAVER CREEK, COLORADO — Development is well underway at MAG Silver’s (TSX: MAG; NYSE-AM: MAG) 44%-owned underground Juanicipio silver mine in the Fresnillo district of…