Sherritt shares crater on Cuba sanctions shock
Sherritt International (TSX: S; US-OTC: SHERF) shares plunged 30% on Thursday after the Canadian miner suspended its direct participation in Cuba operations as a result of sweeping new United States…
Mexico and Central America
Obituary: Dale Corman remembered as tireless builder
During times that demand mining industry leadership as metals rise in global importance, Canada has lost one of its trailblazers of precious and critical metals. Dale Corman, leader of numerous…
Torex sees potential to extend life of Mexico gold mine
Canadian miner Torex Gold Resources (TSX: TXG) said new drilling on its main Morelos property in Mexico identified additional high-grade structures that could support further mine life growth. Hole MLLI-042…
TMC shares soar as NOAA backs seabed mining plan
Shares in The Metal Company (NASDAQ: TMV) jumped on Friday after a United States Regulator ruled the company’s deep-seabed mining application fully compliant. The decision by the National Oceanic and…
First Quantum loss widens on costs, copper output
First Quantum Minerals (TSX: FM) reported a wider first-quarter loss as higher operating costs and weaker copper production weighed on results, despite raising its full-year output guidance. The company posted…
Luca says drilling expands Campo Morado footprint
New drilling at Luca Mining’s (TSXV: LUCA) Campo Morado polymetallic mine in Mexico’s Guerrero State has expanded high-grade mineralization beyond the deposit’s current resource footprint. Hole CMUG-26-38 in the Largo…
Barrick names North America team ahead of IPO
Barrick Mining (TSX: ABX; NYSE: B) announced on Tuesday the members of the new executive leadership team for its North American operations as the miner advances plans to pursue an…
Gold price extends drop amid US-Iran uncertainty
Gold prices extended declines on Tuesday, as investors remained cautious over United States-Iran negotiations to end the near-two-month war that has intensified global inflation concerns. Spot gold fell more than…
Prolonged Hormuz Strait closure would have ‘profound’ impact on mining: Friedland
Ivanhoe Mines (TSX: IVN) founder and co-chairman Robert Friedland is warning that a prolonged closure Strait of Hormuz would have a “profound” effect on global supply chains, hobbling copper producers…
AOMC, Odyssey merge to build $1B deep-sea miner
American Ocean Minerals is merging with Odyssey Marine Exploration (Nasdaq: OMEX) in a reverse takeover that will create a roughly $1 billion market cap deep-sea mining company. The all-stock transaction…
Panama moves to unlock copper from First Quantum mine
Panama is set to authorize the removal and processing of stockpiled ore at First Quantum’s (TSX: FM) shuttered Cobre Panama copper mine, marking a key step in managing the idled operation….
Spotlight 2: 4 companies to watch in Latin America
In addition to precious metals, Latin America is rich in critical minerals, such as copper, and lithium. Beyond these minerals, the continent has potential in graphite, nickel, manganese and rare earth elements. It is proving to be…