First Majestic buys Nevada gold mine from Sprott
First Majestic Silver (TSX: FR; NYSE:AG) is buying the Jerritt Canyon gold mine in Elko County, Nevada, from Sprott Mining for US$470 million in shares and five million share purchase…
First Majestic Silver Corp
First Majestic Silver takes Mexico tax row to arbitration
First Majestic Silver (TSX: FR; NYSE: AG) has initiated arbitration proceedings against the government of Mexico, which is seeking more than US$500 million from the company in allegedly owed taxes. The…
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 how the silver producer was…
Mining in Mexico to restart
Mining in Mexico, the world’s largest silver producing country, is set to fully resume next week as authorities implement a gradual nationwide return to a “new normal,” which will see…
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 taxes. The Canadian miner said…
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 or complete lockdown orders, leading…
TSX slips, Oct. 14-18: First Majestic, Wesdome, Alamos Gold, Teck
The S&P/TSX Composite Index fell 0.23% to 16,377.10. The S&P/TSX Global Mining Index lost 1.29% to 73.48 and the S&P/TSX Global Base Metals Index dropped 0.60% to 96.86. The S&P/TSX…
Top-10 silver companies by market cap
The Northern Miner presents the top-10, silver-focused companies by market capitalization. 1. Fresnillo Market cap: $8 billion With 61.8 million oz. silver production in 2018, Mexico City-headquartered Fresnillo (LSE: FRES)…
TSX rises, Aug. 5-9: Wheaton; First Majestic; Pan American; Asanko Gold
The S&P/TSX Composite Index posted a 0.43% gain to 16,341.30. Spot gold finished the trading week at US$1496.20 per oz., up US$56.20 per oz., or 3.9%. The S&P/TSX Global Gold…
Americas Silver plans to pour gold by year-end at Relief Canyon
Americas Silver (TSX: USA; NYSE-AM: USAS) expects to produce gold before year-end at its fully funded Relief Canyon project in Nevada, 153 km northeast of Reno. The mine will produce…
US markets rise, April 1-5: Lithium Americas, Sibanye-Stillwater, First Majestic
The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99….
Silver & PGMs Snapshot: Mexico a magnet for Canada’s silver seekers
Silver remains a prime target for mineral explorers and miners, particularly those active in Mexico and other Latin American countries. Here is a look at five silver-focused companies plus a…