Hecla firms up deal to acquire ATAC Resources
Hecla Mining (NYSE: HL) has entered a definitive agreement to acquire Yukon-focused junior ATAC Resources (TSXV: ATC; US-OTC: ATADF) for an implied value of $39 million. The deal, which has…
Silver
Site visit: Prismo Metals’ Hot Breccia project blooms in Arizona copper belt
The helicopter arcs around the scrubland hills like the start of a M*A*S*H episode. Except these hills are in Arizona, not Korea, and they’re studded with giant saguaro cactuses on…
NGEx shares shoot up 23% on new copper-gold discovery in Argentina
NGEx Minerals’ (TSXV: NGEX) shares surged Tuesday on results from the first drill program at its Potro Cliffs project in northwest Argentina that reveal a potential major new copper-gold system….
Dundee Precious extends Chelopech mine life to 2031
Dundee Precious Metals‘ (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased the mine life by two years to 2031. While the overall reserve base…
Site visit: Calibre presses pedal to the metal in Nicaragua despite the Ortega tinge
In the smothering 35° Celsius dry heat in the shadow of no fewer than 19 active volcanoes, Canadian outfit Calibre Mining (TSX: CXB; US-OTC: CXBMF) is accelerating gold production growth…
Mexico okays Pan American Silver-Yamana Gold deal
Mexico’s antitrust authority Cofece has approved Pan American Silver‘s (TSX: PAAS; NASDAQ: PAAS) acquisition of all issued and outstanding common shares of Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), which…
Scotgold Resources shares collapse on grades and funding woes
Shares in troubled miner Scotgold Resources (LSE: SQZ) fell more than 70% on Monday after it warned there was “significant” uncertainty over its ability to keep operations going at Scotland’s…
Southern Silver expands resource at Cerro Las Minitas in Mexico
Southern Silver Exploration (TSXV: SSV) has posted a slight resource increase at its Cerro Las Minitas project in Mexico that sent its shares up 9.4%. The overall resource at the…
Golden Minerals posts first resource for Yoquivo silver-gold project in Mexico
Golden Minerals Co. (TSX: AUMN; NYSE-AM: AUMN), has released an initial resource estimate for its Yoquivo silver-gold project, in northwest Chihuahua state, Mexico. The project hosts an inferred resource of…
Peru exploration in 2023 focused on copper, gold and zinc
The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments in the country for a total investment of…
Canadian Exploration Snapshot: Eight companies to watch
From the Canadian Malartic mine in Quebec to the Diavik diamond mine in the Northwest Territories, Canada is home to some of the world’s largest mining operations and most valuable…
Ottawa funds critical mineral innovators as part of $3.8 billion strategy
Ottawa awarded six critical minerals companies a total of $14 million on Tuesday to help them develop technologies to mine or process metals bound for electric vehicles. East Coast rare…