Barrick denies meeting First Quantum in Panama
Barrick Gold (TSX: ABX; NYSE: GOLD) has refuted a report from a Canadian newspaper saying that one of the gold miner’s executives had met with First Quantum Minerals (TSX: FM)…
Mexico and Central America
Bluestone soars on open-pit OK for Guatemalan gold
Shares in Bluestone Resources (TSXV: BSR) doubled after Guatemala approved a plan to change the contentious Cerro Blanco gold project to an open-pit operation from underground as the company considers selling…
TNM Drill Down: Apollo rises at Collective Mining’s Guayabales project
Our TNM Drill Down features highlights of the top gold assays from Dec. 29- Jan. 12. Drill holes are ranked by gold grade x width, as identified by data provider…
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…
BMO cautions against excess gold sector royalty deals
A trend among gold developers to write royalties as a strategy to raise investor value amid a stifled financial market carries high risks, a new BMO Capital Markets report found…
Gold heists: Air Canada caper shows yellow metal’s criminal allure hasn’t dimmed
It’s a gold mine in the dead of night. Crooks snip through a wire fence and find keys to a forklift still in the ignition. It roars to life and…
Pan Am Silver’s La Colorado Skarn project is large but manageable, BMO says
Pan American Silver’s (TSX: PAAS; NYSE: PAAS) La Colorada Skarn project in Mexico could mine 50,000 tonnes of ore a day to produce 17.2 million oz. a year of silver,…
Panama rejects Orla Mining request for permit extension
Orla Mining (TSX: OLA; NYSE: ORLA) said Monday that Panama’s government had rejected the company’s request for permit extensions at three mining concessions that make up its Cerro Quema gold…
First Quantum appeals for access to Cobre Panama to safeguard environment
First Quantum Minerals’ (TSX: FM) has requested the Panama government help restore its access to the Cobre Panamá copper mine, which it was forced to shut earlier this month, in…
Ex-FBI leader advises Fenix nickel mine in Guatemala after US drops sanctions
A former FBI director is helping a billion-dollar nickel mine in Guatemala reopen after United States sanctions shut it for alleged Russian bribery. Louis Freeh, who ran the bureau from…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Media Luna West drilling points to future Morelos mill feed
Torex Gold Resources (TSX: TXG) has struck a rich vein at Media Luna West, pointing to mine life extension and added mill feed at the Morelos complex in Guerrero, Mexico,…