Gatos Silver surges on record silver output from Mexico mine
Gatos Silver (NYSE, TSX: GATO) shares rose by 12% Wednesday after the company saw its best ever quarter and calendar year for silver production at its Cerro Los Gatos (CLG)…
Mexico and Central America
First Quantum and Panama restart Cobre Panama talks with early Jan. deadline
First Quantum Minerals (TSX: FM) says production is continuing normally at its giant copper mine in Panama after the head of the Canadian miner flew down to restart talks with the…
Alamos Gold sells non-core royalties for $5M to Metalla
Alamos Gold (TSX: AGI; NYSE: AGI) is selling four non-core royalties to Metalla Royalty & Streaming (TSXV: MTA; NYSE American: MTA) for US$5 million in Metalla shares. The deal includes a silver stream on the Esperanza project in Morelos, Mexico and…
TSX drops during the Dec. 12-16 trading week
Stocks fell during the Dec. 12-16 trading period as the U.S. Federal Reserve increased interest rates again to fight high inflation and retail sales figures disappointed analysts. Markets were volatile. …
TSX Venture steady over Dec. 12-16 trading week
The S&P/TSX Venture Composite Index retreated by 1.36 points or 0.2% over the Dec. 12-16 trading period to end at 576.26. Los Andes Copper lost 45¢ to $13.50 over the…
Transparency International denounces lack of clarity in Cobre Panamá’s negotiations
The Panamanian chapter of Transparency International (TI) issued a communiqué denouncing what the organization deems as a lack of clarity in the negotiations between the government of President Laurentino Cortizo…
Panama orders suspension of First Quantum’s giant copper mine
Panama’s government has ordered First Quantum Minerals (TSX: FM) to halt operations at its Cobre Panama copper mine after it failed to agree terms for a new contract with the…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
First Quantum Panama copper mine deadline passes without a deal
The government of Panama has rejected a last-minute proposal by First Quantum Minerals (TSX: FM) to amend its US$375 million a year royalty agreement, casting the operation of the Cobre…
Rio Tinto hunts for lithium deals, eyes Jadar revival
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Tuesday it is actively searching for lithium assets as its expects prices for the metal used in the making of…
Global miners’ ESG strategies show ‘concerning’ lack of focus on gender
The mining industry shows a lack of focus on gender and diversity in their environmental, social and governance strategies, a recent report by Stratum International and Digbee has found. Based…
TNM Drill Down: Torex leads week’s top assays with El Limón project in Mexico
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by g‹old grade x width, as identified by our sister company…