New producer Marlin Gold debuts streaming subsidiary
VANCOUVER — Marlin Gold Mining (TSXV: MLN; US-OTC: MLNGF) just built a gold mine in Mexico’s Sinaloa state for US$23 million. That is intriguing, but on closer inspection, the intrigue deepens.
Mexico and Central America
Nicaragua a priority, B2Gold says
With two of the company’s three operating mines in Nicaragua, B2 Gold (TSX: BTO; NYSE-MKT: BTG) is the country’s largest gold exporter and taxpayer, and one of its largest employers.
Rob McEwen on gold, royalty companies and Argentina
In January 2013 Rob McEwen’s McEwen Mining (TSX: MUX; NYSE: MUX) opened its 100%-owned El Gallo 1 open-pit heap-leach mine in Mexico for $13 million. This year the mine is expected to produce 40,000 oz. gold at an average cash cost of…
Sierra Metals goes old school at Cusi
CHIHUAHUA STATE, MEXICO — The green foothills an hour west of the city of Chihuahua are peaceful now. There is nothing in the gaze of a lingering llama that would tip a visitor off to the blood spilled here roughly a hundred years ago.
Commentary: A better response to Mexico’s new mining taxes
The recently introduced mining tax regime in Mexico has been widely criticized by mining company executives, the business press, and a variety of mining lawyers, newsletter writers and consultants. The reform includes a 7.5% royalty along with…
AuRico cuts costs as Young-Davidson takes the next step
VANCOUVER — As lower realized gold prices become the norm producers have received a clear message from markets: cut the fat and boost the margins. And AuRico Gold (TSX: AUQ; NYSE: AUQ) is aiming to move in that direction as it implements…
Agnico up on strong production, despite huge writedown
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) kept its shares in the green after revealing strong operational results in the fourth quarter and full-year 2013, despite swallowing a huge impairment charge that weighed on earnings.
First Quantum expands on Inmet’s vision at Cobre Panama
In an era when investors are demanding leaner budgets and more efficient projects, First Quantum Minerals (TSX: FM, LSE: FQM) is going old school. The company says the economics of the recently acquired Cobre Panama copper project in…
McEwen Mining gets the go-ahead for El Gallo 2
Regulatory authorities in Mexico have given the green light to McEwen Mining (TSX: MUX; NYSE: MUX) to build and operate El Gallo 2 — part of the company’s larger El Gallo silver–gold mining complex in the foothills of the…
Endeavour Silver hits all the right notes in 2013
VANCOUVER — An impressive fourth quarter capped off a strong year for mid-tier producer Endeavour Silver (TSX: EDR; NYSE: EXK) at its trio of Mexican silver mines. The company announced on Jan. 9 that its fourth-quarter production…
Coeur’s 2014 production guidance causes concern
Coeur Mining (TSX: CDM; NYSE: CDE) has missed its 2013 silver production guidance, but delivered more gold than expected, helping it meet its silver-equivalent target. But some analysts are grumbling over the company’s…
Permitting patience pays for Precipitate Gold
VANCOUVER — In early 2012 the northwest corner of the Dominican Republic was one of the hottest gold plays in the world.