First Majestic calls on NAFTA to arbitrate tax dispute in Mexico
First Majestic Silver (TSX:FR; NYSE: AG) has initiated an arbitration process against Mexico under the North American Free Trade Agreement (NAFTA) over a dispute over…
Mexico
Mag Silver rallies on $60M infusion from Eric Sprott
VANCOUVER — Shares of Mag Silver (TSX: MAG; NYSE-AM: MAG) gained as much as 31% to a several month high of $17.87 on the TSX…
Torex Gold pilots new underground mining system
Torex Gold Resources (TSX: TXG) is trialling a new underground mining system at its wholly-owned Morelos Gold property in Mexico’s Guerrero state, 180 km southwest…
Silver miners hit hard by lockdowns, GlobalData says
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe. Thirty-two countries have passed partial…
Mexican union wants mining operations to resume
Most economic activities were halted in Mexico in late March due to the COVID-19 pandemic, but the deputy secretary of work at the national level…
SilverCrest raises $101M after National Bank Financial bails
Less than a month after National Bank Financial said it was terminating a $75 million bought-deal financing deal with SilverCrest Metals (TSX: SIL; NYSE-AM: SLV)…
Alamos Gold confirms robbery at Mulatos mine
Management at Alamos Gold’s (TSX: AGI; NYSE: AGI) headquarters in Toronto have confirmed that the company’s wholly owned Mulatos gold mine in Mexico was robbed…
S&P Global lowers GDP, metals price forecasts
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China…
Editorial: Sinking in a sea of red
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million…
US markets drop, March 30-April 3: Consol Energy, Cameco, Rio Tinto, Kirkland Lake, Wheaton Precious Metals, Fortuna
The Dow Jones Industrial Average fell 2.70%, or 584.25 points, to 21,052.53 and the S&P 500 dropped 2.08%, or 52.82 points, to 2,488.65. Spot gold…
New Gold closes US$300M partnership with Ontario Teacher’s Pension Plan
New Gold (TSX: NGD; NYSE-AM: NGD) has closed a strategic partnership with the Ontario Teachers’ Pension Plan (OTPP) to acquire a 46% free cash flow…
Mexico mining suspension to hit silver supply
Mexico, the world’s largest silver producer, has become the latest country to enforce a suspension of non-essential activities in response to the outbreak of the…