Can silver mining meet green transition demand?
Silver’s unique industrial role in solar panels, electric vehicles (EVs) and grid infrastructure is pushing demand to record highs, but miners and analysts are at odds over how to address…
Coeur Mining
Sheinbaum quickens mining permits even as Mexico faces $1.5B in claims
Mexico’s image as a tough place for mining may show little sign of abating under the Claudia Sheinbaum administration as it increases taxes and faces $1.5 billion (C$2.15 billion) in…
Latam assets set to refill depleted mid-tier M&A pipeline, SCP says
Latin American projects are set to refill the mid-tier mergers and acquisitions pipeline, SCP Resource Capital says. Recent transactions have opened doors for new mid-tier companies, SCP analysts wrote in…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
Avino gets community OK to develop La Preciosa silver mine
Canada’s Avino Silver & Gold Mines (TSX: ASM; NYSE; ASM) has signed a long-term land-use agreement with a local community surrounding La Preciosa mine in Durango, western Mexico. La Preciosa…
AngloGold to buy Coeur Mining’s projects in Nevada for US$150 million
South Africa’s AngloGold Ashanti (NYSE: AU; JSE: ANG) is expanding its footprint in Nevada, US, with the acquisition of Coeur Mining’s (NYSE: CDE) subsidiary for US$150 million cash. The unit,…
Coeur Mining downgraded on heightened balance sheet risk
Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived…
US markets fall during May 2-6 trading week
The Dow Jones Industrial Average fell 162.13 points or 0.49% to 32,899.37 and the S&P 500 fell 32.04 points or 0.77% over the week to 4,123.34. Shares of Cameco fell…
Labour shortage threatens to put mining industry on shaky ground
Major Drilling Group International (TSX: MDI) had an early Christmas present for investors in December. The specialized drilling services company reported a 50% increase in revenue in the second quarter…
Avino totals 137M oz. silver-equivalent at La Preciosa
The latest resource estimate for the La Preciosa silver project, which is being acquired by Avino Silver and Gold Mines (TSX: ASM; NYSE: ASM), totals 137 million oz. of silver-equivalent…
Top ten U.S.-based mid-tier and junior precious metal companies
This year’s ranking of the top ten U.S.-based mid-tier and junior precious metals companies based on market capitalization as of July 7, features a number of new entrants including i-80…
Coeur takes 17.8% stake in Victoria Gold
Coeur Mining (NYSE: CDE) is acquiring a 17.8% stake from Orion Mine Finance in Victoria Gold (TSX: VGCX), which owns and operates the Eagle gold mine in the Yukon. The…