Miners debate M&A as COVID-19 sends shares lower
In early March, BHP (NYSE: BHP; LON: BHP) Chairman Ken MacKenzie said the mining giant was in a strong position should COVID-19’s impact on the market create M&A opportunities. “On…
Alio Gold
Argonaut Gold to merge with Alio Gold in all-share deal
Argonaut Gold (TSX: AR) and Alio Gold (TSX: ALO; NYSE-A: ALO) announced a friendly all-share at-market merger that will create a larger company with a production base of over 235,000…
Maverix proves skeptics wrong
In the three and a half years since Geoff Burns cofounded Maverix Metals (TSX: MMX; NYSE-AM: MMX) with CEO Daniel O’Flaherty in July 2016, the royalty and streaming company’s portfolio…
Alio improves resource by 52% at Florida Canyon
Alio Gold (TSX: ALO; NYSE: ALO) has boosted measured and indicated resources at its operating Florida Canyon gold mine in Nevada by 52% over the previous estimate, contained in a 2016…
Alio Gold halts work on Ana Paula, misses guidance
Raymond James has cut its target price on Alio Gold (TSX: ALO; NYSE-AM: ALO) from $4.50 to $1 per share, and downgraded the company from “market perform” to “underperform” due…
Alio’s Q2 hampered by lower gold grades
Alio Gold (TSX: ALO; NYSE: ALO) reported higher production costs and lower metal revenues in 2018’s second quarter compared to the same quarter in 2017, largely due to complications at…
Alio Gold to acquire Rye Patch in all-share deal
In an effort to diversify geopolitical risk and transform itself from a single-asset producer, Mexico-focused Alio Gold (TSX: ALO; NYSE: ALO) is buying Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF)…
Silver Viper takes first bite at Clemente
VANCOUVER — Newly branded Silver Viper Minerals (TSXV: VIPR) has launched a drill campaign at its 62.1 sq. km Clemente silver-gold project in Sonora, northern Mexico, just days after the company…
Candelaria Mining dodges politics at Caballo Blanco in Mexico
After acquiring the Caballo Blanco project in the Mexican state of Veracruz a little more than a year ago, Candelaria Mining (TSXV: CAND) prepared a new environmental impact assessment (MIA)…
Alio Gold to make construction decision on Ana Paula in Q2 2018
Since Mexican regulator SEMARNAT approved Ana Paula’s environmental impact assessment in April, Alio Gold (TSX: ALO; NYSE-AM: ALO) has continued to take big strides in de-risking the relatively high-grade, open-pit…
Agnico Eagle invests $10M in Mexico-focused Candelaria Mining
Less than a year after picking up the Caballo Blanco project in Mexico for US$17.5 million, Candelaria Mining (TSXV: CAND) has pulled in a $9.8-million strategic investment from Agnico Eagle…