Copper mine supply risks first decline since 2017: Sprott
Global mined copper production could fall this year for the first time in nearly a decade even after prices hit records, as disruptions, declining grades and weak Chilean output expose…
Mexico and Central America
Aura secures $200M loan for Americas growth
Aura Minerals (Nasdaq: AUGO) has secured a $200-million (C$280-million) syndicated loan as the gold miner builds its Era Dorada project in Guatemala and works towards producing more than 600,000 gold-equivalent…
Deals sharpen South America’s critical minerals edge
South America is moving to turn its vast mineral wealth into a coordinated production and investment hub as governments race to secure critical minerals for energy, technology and defence. Chile,…
Metals Exploration locks in $27M as La India first gold nears
Metals Exploration (AIM:MTL) has secured $27 million (C$38 million) in equipment financing as its La India gold project in Nicaragua closes in on first production by year-end. The company has…
Blockade keeps Endeavour’s Mexican mine shut
Endeavour Silver (TSX: EDR; NYSE: EXK) operations at its Terronera silver-gold mine in Mexico remained suspended Thursday as a local community blockade over infrastructure, services and financial support continued in…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
Barrick names Bock to lead overseas arm
Barrick Mining (NYSE: B; TSX: ABX) has named Sebastiaan Bock to lead its international gold and copper business as the miner prepares to split its North American and overseas assets….
Cobre Panama restart hopes rise as thousands return to mine
First Quantum Minerals’ (TSX: FM) hopes of restarting its halted Cobre Panamá copper mine received a boost Tuesday as government officials met workers and suppliers while weighing the giant operation’s…
Luca sees resource growth potential at Campo Morado
New drilling by Luca Mining (TSXV: LUCA; US-OTC: LUCMF) at its Campo Morado polymetallic mine in Mexico’s Guerrero State hints at the possibility of increasing near-mine resources and extending mine life….
TNM Drill Down: AbraSilver’s Diablillos tops silver assays for June-July
The Northern Miner has compiled the top 10 drill results for silver for the June 17-July 15 period. Drill holes are ranked by grade x width. Latin America topped all other regions,…
Fresnillo profit triples on gold, silver prices rally
Mexico-focused precious metals miner Fresnillo (LSE: FRES) says first-half profit tripled as higher gold and silver prices more than offset lower production.Net income surged to $1.46 billion from $467.6 million…
Dirty gold overtakes cocaine as crime’s cash machine
Criminal groups continue to shift from cocaine to illegal mining as banks and governments scramble to close financial loopholes.