Escobal is Tahoe’s ‘solid foundation,’ CEO says
Tahoe Resources (TSX: THO; NYSE: TAHO) has made a recent foray into the gold industry with a pair of acquisitions, but the asset that has fuelled its rise, and continues…
Mexico and Central America
US stocks slide, Feb. 8-12
U.S. equities rallied on Feb. 12, ending five days of losses in the S&P 500 Index, but not enough to post a weekly gain. The S&P 500 lost 0.8% to finish at 1,864.78. The Dow Jones Industrial Average fell 1.4% to 15,973.84 and the…
Agnico sees ‘stable’ production for the next three years
Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) disciplined balance of costs and growth has set it up for a solid three years of production ahead, despite the current volatility in the markets.
Baja says commercial production is around the corner at Boleo
Tom Ogryzlo has been working hard to resuscitate Baja Mining (TSXV: BAJ) and its copper-cobalt-zinc Boleo project in Mexico since he was named interim CEO in May 2012 — a post he still holds to this day.
The biggest gold losers in 2015
Last year was another tough year for gold companies, with the spot metal price sliding 10% to finish 2015 at US$1,061 per oz. While some miners thrived in the low gold price environment, others collapsed, with more than a few voluntarily…
Torex CEO reflects on journey to first gold at Morelos
VANCOUVER — Nearly six years ago Torex Gold Resources (TSX: TXG; US-OTC: TORXF) consolidated a promising claim block 180 km southwest of Mexico City — called Morelos Norte — via a US$150-million deal with Teck…
US stocks stay afloat, Dec. 23-31
The Dow Jones Industrial Average and S&P 500 Index both failed to register annual gains, while posting small gains during the trading period. The Dow added 7.7 points to end at 17,425.03, down 2.2% for the year. This is its first annual…
Almaden has new strategy at Ixtaca after mill agreement
VANCOUVER — It’s been a busy 12 months for Almaden Minerals (TSX: AMM; NYSE-MKT: AAU), and it wrapped up the year with an option agreement for mill infrastructure that will drop development capital requirements at its Ixtaca…
US stocks slip, Dec. 11-17
U.S. equities closed lower, despite receiving a boost after the Federal Reserve raised interest rates. The Dow Jones Industrial Average fell 0.5% to 17,495.84, while the S&P 500 Index lost 0.5% to close at 2,041.89. The Nasdaq dipped 0.8%…
SilverCrest Metals aims to repeat success in Mexico
VANCOUVER — The ink has now dried on a $154-million agreement that has seen First Majestic Silver (TSX: FR; NYSE: AG) snap up and merge with SilverCrest Mines and its Santa Elena silver-gold operation in Sonora, Mexico, but president and…
Bacanora raises US$13.4M for Mexican lithium project
Just a few months after Bacanora Minerals (TSXV: BCN) and Rare Earth Minerals (LSE: REM) signed a deal with Tesla Motors (NASDAQ: TSLA) to supply the carmaker with lithium hydroxide from their Sonora lithium project in Mexico, the companies…
BC Court declines jurisdiction in Garcia v. Tahoe
On Nov. 10, 2015, the British Columbia Supreme Court (BCSC) declined jurisdiction and stayed the plaintiff’s action in Garcia v. Tahoe Resources Inc., 2015 BCSC 2045, in which seven Guatemalan citizens attempted to sue the Canadian parent…