Sherritt plans to expand Cuban nickel mine
Sherritt International (TSX: S) is making plans to expand production and lengthen the life of the Moa nickel-cobalt mine in Cuba. Moa is a joint venture of Sherritt (50%) and…
Mexico and Central America
Agnico Eagle exploration spending to hit record US$163M in 2021
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is on track to set a record with its 2021 exploration spending. This year’s budget is now US$163 million, compared to US$113 million…
Updated: Calibre Mining to acquire Fiore Gold
In another sign that it’s not just large mining companies looking at M&A deals, Calibre Mining (TSX: CXB; US-OTC: CXBMF) is buying fellow Canadian miner Fiore Gold (TSXV: F; US-OTC:…
Barrick Gold says mining at Pueblo Viejo would end without TSF
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest producer of the precious metal, warns that mining at its Pueblo Viejo operation in the Dominican Republic could finish this year if a new tailings storage facility…
Agnico Eagle and Kirkland Lake Gold merger likely the last major deal in Canada
The mega-merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) unveiled to the market on September 28 “makes a lot…
GoGold Resources releases assays from new drilling program in Mexico
Halifax-based GoGold Resources (TSX: GGD) has released results for the initial holes drilled at its Mololoa target, part of the company’s Los Ricos North exploration project in Mexico’s Jalisco state,…
Peru minister says US$1.4B Tia Maria mine a “no go”
Peru’s economy and finance minister has cast further doubt about Southern Copper’s (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay…
Condor Gold charts two options for mining La India
Condor Gold (TSX: COG; LSE: CNR) has outlined two mining scenarios in an updated technical study for its flagship La India gold project in Nicaragua, both of which anticipate robust economics. The preliminary economic assessment prepared…
US markets mixed, Aug. 30-Sept. 3
The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P 500 climbed 26.06 points or…
Agnico Eagle increases stake in Candelaria Mining to 19.6%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has upped its interest in Candelaria Mining (TSXV: DCAND; US-OTC: CDELF), with an additional $6 million investment bringing its ownership in the Mexico-focused…
Torex releases three-year guidance for ELG, Media Luna plans
Torex Gold Resources (TSX: TXG) has released its multi-year production outlook for the El Limon Guajes (ELG) gold mining complex in Mexico, about 180 km southwest of Mexico City. The…
Bacanora Lithium accepts Ganfeng’s US$391M takeover offer
China’s Ganfeng Lithium, one of the world’s top producers of the battery metal, is going ahead with the takeover of Bacanora Lithium (LSE: BCN) as the Mexico-focused explorer and developer has accepted a sweetened £284.8…