Lucky Friday ramp-up buoys Hecla’s 2020 silver production
Buoyed by the ramp-up of its Lucky Friday mine in Idaho, following a nearly three-year strike by unionized workers at the operation, Hecla Mining (NYSE:…
Mexico
Orla tables updated feasibility for Camino Rojo with increased reserves, longer mine life
Orla Mining (TSX: OLA; NYSE: ORLA) has released an updated feasibility study for its Camino Rojo heap leach oxide gold project in Mexico. The latest…
TSX up, Jan. 4-8
The S&P/TSX Composite Index rose 3.37% to 18,042.07 during the Jan. 4-8 trading week. The S&P/TSX Global Mining Index climbed 7.22% to 109.70, and the…
Wheaton pays $150M for share of silver output from Capstone’s Cozamin
Wheaton Precious Metals (TSX:WPM) and Capstone Mining (TSX:CS) have struck a deal whereby the streaming company will pay US$150 million for a share of the…
Sierra metals announces results of expansion PEA for Mexican mine
Sierra Metals (TSX:SMT; BVL:SMT; NYSE American:SMTS) has announced the results of the preliminary economic assessment (PEA) for expansion of its Cusi underground silver-lead mine in…
SilverCrest discovers high-grade zone at Las Chispas
SilverCrest Metals (TSX: SIL; NYSE: SILV) has discovered a new high-grade zone at its wholly owned Las Chispas project in Mexico’s Sonora state, 180 km…
Torex Gold posts ‘extraordinary’ Q3 results
Mexico-focused Torex Gold Resources (TSX: TGX) is the latest gold miner to report surging profits on the back of a strong gold price. For its…
Alamos posts record cash flow, raises dividend 33%
Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three…
SilverCrest to spend US$60M on drilling at Las Chispas
SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) plans to spend US$60 million on drilling through the end of 2022 at its Las Chispas silver-gold project in…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive…
Osisko Royalties spins out Osisko Development, raises $100M
Osisko Gold Royalties (TSX: OR; NYSE:OR) has announced the spin-out, through a reverse-takeover transaction (RTO), of Osisko Development. The newly formed developer will hold the…
‘It’s a great time to be in the industry’: Great Panther Mining focuses on stability, growth
Great Panther Silver changed its name to Great Panther Mining (TSX: GPR; NYSE-AM: GPL) last year after adding the Tucano gold mine in northern Brazil…