Orla Mining lays out its Mexico and Panama exploration aims
Following the first gold pour in December at Orla Mining’s (TSX: OLA; NYSE: ORLA) Camino Rojo oxide gold mine in Mexico, the company is embarking on a 2022 exploration strategy…
Mexico and Central America
In charts: Copper project pantry bare from 2025
Bank of America (BofA) Global Research analysts expect the copper market to flip back to a deficit from 2025 onwards following the completion of the current wave of project buildouts,…
Barrick Gold near Pueblo Viejo tailings decision
Barrick Gold (TSX: ABX; NYSE: GOLD) is close to reaching an agreement with the government of the Dominican Republic on where to build a new tailings storage facility (TSF) for…
Fresnillo cuts production targets on Omicron labour shortage
Shares in Fresnillo (LSE: FRES) fell more than 14% after the Mexico-focused miner cut silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected…
In charts: Gold rally defies traditional headwinds
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
First Quantum agrees to pay US$375M a year in royalties to Panama
First Quantum Minerals (TSX: FM) has reached a deal with Panama’s government to increase royalty payments at the giant Cobre Panama copper mine, the company’s flagship operation. The Canadian miner’s…
Equinox Gold meets guidance with 602,100 oz. in 2021
Equinox Gold (TSX: EQX; NYSE: EQX) produced a record amount of gold – 602,100 oz. – last year, easily meeting guidance and delivering 26% more ounces than in 2020. All-in…
Negotiations over Cobre Panama mine contract near end
Panama’s government said on January 5 that negotiations with the local unit of First Quantum (TSX: FM), aimed at obtaining more in royalty payments from the Canadian miner and improve…
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…
Update: Bear Creek Mining acquires Mercedes mine from Equinox
The company says the Mercedes acquisition will provide a source of funding for future construction of its Corani silver mine.
Orla pours first gold at Camino Rojo in Mexico
Orla Mining (TSX: OLA; NYSE: ORLA) has accomplished the first gold pour at its Camino Rojo gold-silver project in Mexico’s Zacatecas state. The first pour occurred on schedule on December…
GoGold’s Los Ricos North contains 87.8M oz. silver-equivalent
GoGold Resources (TSX: GGD; US-OTC: GLGDF) has released its initial resource estimate for the Los Ricos North silver project in Jalisco state, Mexico. The indicated resource contains 87.8 million oz….