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…
Mexico and Central America
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Alamos shares sink as results fall short of expectations
Alamos Gold (TSX, NYSE: AGI) reported weaker-than-expected quarterly profit as costs rose and gold production climbed more slowly than planned. Shares plunged. Adjusted first-quarter earnings increased to $59.8 million, or…
Q1 gold demand soars to highest since 2016: WGC
First-quarter gold demand hit its highest level in nine years as exchange-traded funds loaded up on the metal, according to the World Gold Council (WGC). Total gold demand reached 1,206…
Sierra Madre shifts to producer as mining restarts at Mexico’s Coloso mine
Sierra Madre Gold and Silver (TSXV: SM; US-OTC: SMDRF) started mining at its Coloso mine in central Mexico on Tuesday. This comes four months after it resumed commercial operations at…
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
Calibre hits 13-year high after Equinox sweetens offer
Shares of Calibre Mining (TSX: CXB; US-OTC: CXBMF) soared their highest price in 13 years after Equinox Gold (TSX, NYSE-A: EQX) sweetened its takeover offer right before shareholders were set…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
Calibre rises on record gold output
Calibre Mining (TSX: CXB; US-OTC: CXBMF) increased first-quarter gold production by 16% to a record 71,539 oz. from its three producing mines in Nicaragua and Nevada. Shares rose. The quarter…
Infographic: Copper spheres of control
Who controls the future of copper?
Peru’s Alpayana boosts hostile bid for Sierra by 31%
Peruvian miner Alpayana sweetened its hostile takeover bid for Sierra Metals (TSX: SMT) by 31% after the Canadian company rejected its initial salvo. The stock surged. Alpayana is now offering C$1.11 (US79¢)…
Interview: Sierra rebounds under ex-Gold Fields exec
Sierra Metals (TSX: SMT) is targeting a 10-fold earnings increase this year compared with 2022 as it attracts potential “white knight” investors after rejecting a hostile takeover bid, its CEO…