GoGold approved to build $227M mine in Mexico
GoGold Resources (TSX: GGD) has received federal approval in Mexico to begin construction of its $227 million (C$316 million) Los Ricos South (LRS) underground mine in Jalisco state. Shares of…
Silver
Aya logs bonanza silver hits in Morocco
New drilling at Aya Gold & Silver’s (TSX, Nasdaq: AYA) Zgounder mine in Morocco yielded several bonanza hits near and below the limits of the current open pit. The standout…
Glencore, Gentile back historical Irish region project sporting 3.3% zinc, 10% lead
New drilling by Glencore-backed (LSE: GLEN) Group Eleven Resources (TSXV: ZNG; US-OTC: GRLVF) at the PG West project in Ireland has expanded the property’s high-grade zinc-lead-silver mineralization, the company said….
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…
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…