McEwen buys claims near El Gallo
McEwen Mining (TSX: MUX; NYSE: MUX) is acquiring claims in Mexico — 10 km from the company’s El Gallo mine in Sinaloa state — that it believes could extend the…
Mexico and Central America
Argonaut boosts San Agustin’s economics
Argonaut Gold (TSX: AR) shares gained 11% after an updated preliminary economic assessment (PEA) on the San Agustin gold-silver project in Mexico cut initial cost estimates 36% and improved returns. The…
TSX climbs, April 18–22
Canada’s benchmark index enjoyed another weekly gain, rising 236.8 points, or 1.7%, to close at 13,874 points, on the back of higher oil prices and encouraging economic data. The S&P/TSX…
Primero focuses on improving safety at San Dimas
VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) had a rather disappointing start to 2016, but the reason behind the notable drop in quarterly gold-silver production is actually commendable because it’s…
US equities climb, April 11–15
The Dow Jones Industrial Average registered a 1.8% gain to close at 17,897.46, in its best week since March 18. The S&P 500 Index rose 1.6% to finish at 2,080.73,…
TSX gains slightly, March 28–April 1
The S&P/TSX Composite Index ended in positive territory, adding 0.62% to close at 13,440.44. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.2% to 437.39, while the S&P/TSX…
Timmins Gold CEO works to right the financial ship
VANCOUVER — Mark Backens may not have anticipated finding himself in the driver’s seat at Timmins Gold (TSX: TMM; NYSE-MKT: TGD) when he joined the board of directors 10 months ago, but…
TSX Venture edges down, March 21-24
The S&P/TSX Venture Composite Index peaked at 585.59 points over the holiday-shortened trading period before falling to a 580.02-point close, or a 0.8-point loss, as commodities retreat on speculation of…
Escobal is Tahoe’s ‘solid foundation,’ CEO says
Tahoe Resources (TSX: THO; NYSE: TAHO) has made a recent foray into the gold industry with a pair of acquisitions, but the asset that has fuelled its rise, and continues…
US stocks slide, Feb. 8-12
U.S. equities rallied on Feb. 12, ending five days of losses in the S&P 500 Index, but not enough to post a weekly gain. The S&P 500 lost 0.8% to finish at 1,864.78. The Dow Jones Industrial Average fell 1.4% to 15,973.84 and the…
Agnico sees ‘stable’ production for the next three years
Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) disciplined balance of costs and growth has set it up for a solid three years of production ahead, despite the current volatility in the markets.
Baja says commercial production is around the corner at Boleo
Tom Ogryzlo has been working hard to resuscitate Baja Mining (TSXV: BAJ) and its copper-cobalt-zinc Boleo project in Mexico since he was named interim CEO in May 2012 — a post he still holds to this day.