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…
Pan American Silver
London Symposium: Ontario’s focus on fast-track, refining wins industry praise
Ontario’s push to OK major projects in less than two years and keep more mineral processing at home stunned industry heavyweights at The Northern Miner’s International Metals Symposium in London. “We’re moving with speed,” provincial Energy and Mines Minister Stephen Lecce…
London JV Video: Latin America is both risk frontier and growth engine, panel argues
Latin America is both a risk frontier and a growth engine, mining leaders told an International Metals Symposium panel last week, pointing to a centrist drift in Argentina and Mexico…
Pan American grabs 14.7% stake in Galleon Gold
Pan American Silver (TSX, NYSE: PAAS) has taken a 14.7% stake in Galleon Gold (TSX-V: GGO) after buying 18.75 million units in the explorer and developer via private placement. The…
London Symposium: Artisanal mining growing in South America, Pan Am Silver exec says
Pan American Silver (TSX, NYSE: PAAS) is working with small-scale miners in Peru to help them raise production standards and sell their gold to central banks – an effort that isn’t…
JV article: Troilus Gold nears construction decision
After leading the development and sale of a gold project in Peru in 2014 for about $270 million (C$300 million), Justin Reid was looking for a new opportunity. He found…
Agnico, Barrick lead the pack of top Canada miners
Agnico Eagle Mines (TSX, NYSE: AEM) tops our list of Canadian miners by market value at $81.9 billion (US$59.8 million) at press time. Agnico operates the country’s biggest gold mines…
Silver X secures $2M from Trafigura to support Peru copper expansion
Silver X Mining (TSXV: AGX; US-OTC: AGXPF) has secured a $2-million loan from commodities trading giant Trafigura to support the expanded production of copper from its Nueva Recuperada project in…
Guatemalan Xinka oppose Pan Am silver mine restart
A Xinka Indigenous delegation visiting Canada from Guatemala had a clear message for Escobal mine owner Pan American Silver (TSX, Nasdaq: PAAS): “No.” Escobal, suspended since a 2017 Guatemalan Supreme…
Pan American signs $2.1B deal to buy MAG Silver
Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio…
Video: Mining sector raises $11M for glioblastoma research at Daffodil ball
The mining sector helped raise $10.85 million Saturday to launch a five-year pan-Canadian glioblastoma research program, lifting the Daffodil Ball’s 29-year total to $38.85 million. Adam Lundin spoke in honour…
Patagonia Gold secures $40M for Argentina project
Patagonia Gold (TSXV: PGDC) said on Monday it has secured an investment of $40 million (C$55.5 million) to support the development of its main Calcatreu project in Rio Negro, central…