Three corpses were found on Friday in a mass grave in southwestern Mexico's Guerrero state.
The mining exploration business is very risky, with about 3 out of a 1000 good looking prospects becoming mines.
Gulf of Mexico Reserves Open to Private Exploration & Production for First Time Since 1938
Toronto-based Primero Mining reported Wednesday lower gold reserves at its San Dimas operation, impacted by lower price assumptions, while silver reserves rose.
The probable kidnapping of 4 workers at Goldcorp's Los Filos mine is just the latest in a string of mine incidents in Guerrero, Mexico's most violent state.
Takeover targets in the Mexican gold space are becoming thin on the ground after Timmins Gold (TSX: TMM) announced that it is acquiring Newstrike Capital (TSX-V: NES) in a transaction valued at $140 million.
Mexico’s massive precious-metals belts are some of the world’s finest.
The contract has been awarded to a consortium headed by Grupo Mexico, the same company responsible of a major toxic spill in Sonora last year.
Allegations are based on internal documents obtained from the Canadian Department of Foreign Affairs, Trade and Development (DFATD).
Investors in Mexico-focused Newstrike Capital (TSXV:NES) enjoyed a small bump today with the announcement of a takeover by Vancouver-focused Timmins Gold (TSX:TMM).
Armed men in Mexico have kidnapped at least 12 people in the southern state of Guerrero where 43 students were abducted last year.
"It’s newness and the grade in a brand new area is what is exciting."
Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.
Analyst downgrade sinks shares of Vancouver-based owner of fast-expanding polymetallic mines in Peru and Mexico.
McEwen Mining Inc. is pleased to announce Q4 and 2014 full-year production results.
According to the Conference Board of Canada, the province faces more than just a slowdown.
It produced over 4 million silver equiv. oz. in Q4, hitting an annual record of 15.25 million silver equiv. oz. for the year.
Timmins Gold (TSX: TMM; NYSE: TGD) has been looking at Goldgroup Mining’s (TSX: GGA) Caballo Blanco project in Mexico for a couple of years now, and has finally inked a deal to acquire 100% of the asset.
As part of the agreement, Paramount will spin off its non-Mexican assets into a standalone publicly listed company— Paramount Nevada Gold Corp.
In this interview with The Gold Report, Ecclestone explains that canny juniors are choosing past-producing properties, which boast dependable resources estimated by majors and already existing infrastructure. And he names two current gold producers he believes are woefully undervalued.
Takeover rumours are swirling about a proposed buyout of Paramount Gold (TSX:PZG) by the United States' largest silver producer.
The miner became the latest company to spin off non-core, underperforming assets.
A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion worldwide exploration total.
German Larrea is purchasing stock in mining unit Southern Copper Corp. (SCCO) to reinforce confidence amid falling metal prices.
Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.
Paramount Gold and Silver Corp. announced Oct. 21 that new drilling at its 100%-owned San Miguel Project in northern Mexico is likely expanding the bulk minable resource in the San Francisco deposit.
Get Mining News and Alerts
sent to your inbox daily