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…
Mexico
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…
First Majestic plans next steps in Mexico tax dispute
First Majestic Silver (TSX:FR; NYSE: AG) says it is getting ready to appeal a Mexican court decision this week that revoked a key agreement determining…
Magna Gold tables study on recently-acquired San Francisco mine
Magna Gold (TSXV: MGR; US-OTC: MGLQF) has released the results of a preliminary feasibility study (PFS) on its San Francisco mine, acquired earlier this year,…
Argonaut Gold sells Ana Paula project in Mexico
Argonaut Gold (TSX: AR) has struck a deal to sell its Ana Paula gold project in Mexico’s Guerrero state just a few months after acquiring…
Too many tools adds risk to mining operations, says IsoMetrix’s Robin Bolton
A new set of guidelines has been released called the Global Industry Standard on Tailings Management to help strengthen mining practices, with the goal of…
TSX down, Aug. 31-Sept. 4
The S&P/TSX Composite Index fell 2.92% to 16,218.01 during the Aug. 31-Sept. 4 trading week. The S&P/TSX Global Base Metals index dropped 0.66% to 104.84,…
Mexican gov’t scraps key mining post in austerity drive
Mining companies operating in Mexico are showing concern, after the country’s government scrapped the mining sub-secretary post, one of the Ministry of Economy units, as…
Golden Minerals drills high-grade gold at Rodeo in Mexico
Golden Minerals (TSX: AUMN; NYSE: AUMN) has released a second set of assays results from its Rodeo gold-silver project, 80 km west of its Velardena…