First Majestic Silver (TSX:FR; NYSE: AG) has initiated an arbitration process against Mexico under the North American Free Trade Agreement (NAFTA) over a dispute over taxes. The Canadian miner said…
VANCOUVER — Shares of Mag Silver (TSX: MAG; NYSE-AM: MAG) gained as much as 31% to a several month high of $17.87 on the TSX following news of precious metals…
Torex Gold Resources (TSX: TXG) is trialling a new underground mining system at its wholly-owned Morelos Gold property in Mexico’s Guerrero state, 180 km southwest of Mexico City. The property…
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe. Thirty-two countries have passed partial or complete lockdown orders, leading…
Most economic activities were halted in Mexico in late March due to the COVID-19 pandemic, but the deputy secretary of work at the national level for the Confederation of Mexican…
Less than a month after National Bank Financial said it was terminating a $75 million bought-deal financing deal with SilverCrest Metals (TSX: SIL; NYSE-AM: SLV) due to the COVID-19 pandemic,…
Management at Alamos Gold’s (TSX: AGI; NYSE: AGI) headquarters in Toronto have confirmed that the company’s wholly owned Mulatos gold mine in Mexico was robbed last week. A group of…
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous…
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…
The Dow Jones Industrial Average fell 2.70%, or 584.25 points, to 21,052.53 and the S&P 500 dropped 2.08%, or 52.82 points, to 2,488.65. Spot gold fell finished the week at…
New Gold (TSX: NGD; NYSE-AM: NGD) has closed a strategic partnership with the Ontario Teachers’ Pension Plan (OTPP) to acquire a 46% free cash flow interest in the company’s New…
Mexico, the world’s largest silver producer, has become the latest country to enforce a suspension of non-essential activities in response to the outbreak of the coronavirus pandemic, after confirmed cases…
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