Americas Gold swap ends 600K oz silver stream burden
Americas Gold and Silver (TSX: USA; NYSE-A: USAS) agreed to end remaining silver delivery obligations to Sprott Mining in exchange for nearly 8 million shares, removing future debt tied to…
Silver
Aya logs high-grade hits at Morocco silver-gold project
Aya Gold & Silver (TSX, Nasdaq: AYA) reported the strongest drill intercept yet on a grade-thickness basis at its Boumadine project in Morocco as the Canadian producer and explorer continues…
NGEx hits 208g gold at Lunahuasi project in Argentina
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) reported ultra-high-grade gold assays from its Lunahuasi copper-gold-silver project in Argentina as the explorer continues to define one of the richest emerging systems in…
Nevada King Gold doubles drilling at Atlanta project
Nevada King Gold (TSXV: NKG) plans twice the size of drilling at its Atlanta gold project in Nevada as the junior developer released new assay results from the emerging Silver…
Luca says drilling expands Campo Morado footprint
New drilling at Luca Mining’s (TSXV: LUCA) Campo Morado polymetallic mine in Mexico’s Guerrero State has expanded high-grade mineralization beyond the deposit’s current resource footprint. Hole CMUG-26-38 in the Largo…
Spanish Mountain signs $55M royalty deal with Wheaton
Spanish Mountain Gold (TSX-V: SPA) has inked a $55 million (C$75 million) royalty agreement with Wheaton Precious Metals (TSX: WPM) tied to its namesake project in British Columbia, Canada. The…
South America’s rightward shift lifts mining
Colombia’s May 31 presidential election will test whether Latin America’s shift towards more market-friendly governments can deliver a more reliable environment for mining investment, with polls showing a left-leaning candidate in the lead. The…
Americas Gold & Silver sees 30% output rise this year
Americas Gold and Silver (TSX: USA; NYSE American: USAS) predicts production will climb about 30% this year on the back of rising output from its Galena complex in Idaho and…
Pan American sees lower Mexico mine expansion costs
Pan American Silver (TSX, NYSE: PAAS) unveiled a new preliminary economic assessment (PEA) that cuts the projected cost of expanding the La Colorada mine in Mexico by almost one-third while…
Royal Road eyes ‘meaningful’ underground mine as Colombia drilling resumes
Royal Road Minerals (TSX-V: RYR) said recent drilling at its Guintar-Aleman-Margaritas gold-silver-copper project in Colombia suggests the deposit could support a bulk-tonnage underground mine. Hole GUI-DD-028 cut 76 metres of…
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Bolivia minister pledges ‘legal certainty’ for investors
Bolivia’s new mining minister is vowing to woo back foreign investors in silver, tin and lithium who fled two decades of Socialist Party rule. “We are going to work hard to provide the legal certainty that investors as well as…