U.S. Gold gets edge in Mexico with new hire
U.S. Gold Corp.’s (UXG-T, UXG-N) El Gallo project in Sinaloa, Mexico is often compared with Pan American Silver’s (PAA-T, PAAS-Q) Alamo Dorado deposit, now an operating silver mine 240 km to the north.
Mexico and Central America
Almaden expands Ixtaca zone
Vancouver – Prospect generator Almaden Minerals (AMM-T) continues to expand its wholly-owned Ixtaca discovery as it works through a 20,000-metre drill program on the property.
Santo Domingo prefeas a feather in Capstone’s cap
Vancouver – Capstone Mining (CS-T) has released a prefeasibility for its 70%-owned polymetallic Santo Domingo project in Chile that shows relatively low capital costs for a project of its scale, just as costs are on the rise for its two…
Soltoro makes headway in Jalisco
Junior explorer Soltoro (SOL-V), which is focused on finding bulk tonnage gold and silver deposits in southwestern Mexico, is making headway in Jalisco state where it defined a resource at its 100%-owned El Rayo primary silver project earlier…
Positive PEA for Pan American and Orko’s La Preciosa
Better late than never, joint venture partners Pan American Silver (PAA-T) and Orko Silver (OK-V) have released a long-awaited preliminary economic assessment (PEA) for their La Preciosa epithermal silver-gold project in Durango, Mexico.
Oro Mining posts solid drill results
Before joining Oro Mining (OGR-V) as chief executive and chief operating officer, John Brownlie was president of Capital Gold, where he successfully brought the El Chanate open-pit gold mine into production and helped make it one of the most…
Fortuna Silver Mines start producing concentrates
Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11.11% to $5.50 per share on news that the mill at its 100%-owned San Jose silver-gold mine in southern Mexico had started producing silver-gold concentrate.
Russia’s Solway Group buys HudBay’s Fenix
Russia’s Solway Group, which owns a ferrno-nickel plant in the Ukraine, has bought HudBay Minerals’ (HBM-T, HBM-N) Fenix ferro-nickel project in Guatemala for US$140 million in cash at closing and an additional US$30 million if certain…
Kimber advancing Monterde gold-silver project
Vancouver – After more than a decade of working on the Monterde gold-silver project in Mexico, Kimber Resources (KBR-T) is starting to build momentum.
Construction nearly complete at Yamana’s Mercedes mine
Construction at Yamana Gold’s (YRI-T, AUY-N) Mercedes underground gold-silver mine in northern Mexico is two quarters ahead of schedule, the company reports, with the first gold pour now scheduled before year-end.
AuRico repositions for growth in Mexico
AuRico Gold (auq-t, auq-n) has had nothing short of a notable year so far, as the company continues to rebrand as a low-cost, gold-silver producer, with now three operating mines in Mexico.
Arian beefs up San Jose
Arian Silver (AGQ-V, AGQ-L) finds itself in an enviable position. Not only is the company producing silver at its San Jose property during a time of high silver prices, but it is doing so on a property with significant expansion potential.