Americas Gold & Silver sees 30% output rise this year
Americas Gold and Silver (TSX: USA; NYSE American: USAS) predicts production will climb about 30% this year on the back of rising output from its Galena complex in Idaho and…
Silver
Pan American sees lower Mexico mine expansion costs
Pan American Silver (TSX, NYSE: PAAS) unveiled a new preliminary economic assessment (PEA) that cuts the projected cost of expanding the La Colorada mine in Mexico by almost one-third while…
Royal Road eyes ‘meaningful’ underground mine as Colombia drilling resumes
Royal Road Minerals (TSX-V: RYR) said recent drilling at its Guintar-Aleman-Margaritas gold-silver-copper project in Colombia suggests the deposit could support a bulk-tonnage underground mine. Hole GUI-DD-028 cut 76 metres of…
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Bolivia minister pledges ‘legal certainty’ for investors
Bolivia’s new mining minister is vowing to woo back foreign investors in silver, tin and lithium who fled two decades of Socialist Party rule. “We are going to work hard to provide the legal certainty that investors as well as…
Mexican security risks highlighted in new reports
Escalating security risks and a legacy of lengthy project approvals are increasing investor scrutiny of mining exposure to Mexico, TD Cowen says. Recent incidents linked to cartel activity — such…
Hecla nearly doubles exploration budget
Hecla Mining (NYSE: HL), the largest silver producer in the U.S. and Canada, plans to almost double investments this year on exploration and pre-development activities. The stock surged. Idaho-based Hecla…
Battered Vizsla keeps ‘long-term’ commitment to Mexico silver-gold mine
Vizsla Silver (TSX; NYSE: VZLA) said it remains determined to develop the Panuco silver-gold project in Mexico’s strife-torn Sinaloa state even after an armed group kidnapped 10 company workers, killing…
Kidnappers kill Vizsla mine workers in Mexico
Some Vizsla Silver (TSX, NYSE: VZLA) workers who were abducted last month in west-central Mexico have been killed, the company said. The stock plunged. Vizsla said Monday it’s been informed…
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…
Gold hits new high as Trump probes Fed chair Powell
Gold set a new record Monday after the United States Department of Justice threatened to criminally prosecute Federal Reserve chair Jerome Powell over a building project, sparking concern that the…
NorthWest Copper finds shallow copper, gold in B.C.
NorthWest Copper (TSX-V: NWST) says drilling at its main Kwanika project in British Columbia yielded near-surface copper and gold in two different zones. Hole K-25-287 cut 47.5 metres grading 1.22%…