Nicaragua Mining News

Condor Gold losses narrow as progress at La India pays off

Miner logged a pre-tax loss for the period of £352,553, compared to a £602,678 loss a year before, as administrative expenses almost halved.

B2Gold to produce 5m ounces of gold at Mali mine after $50m expansion

Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.

B2Gold’s beats first quarter production targets

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.

Condor Gold hails results from metallurgical test work at Nicaragua mine

Test at the company's 100%-owned La India gold project in Nicaragua confirmed 95.4% gold recovery from two samples in laboratory conditions.

B2Gold to invest $50 million in Fekola mine expansion

It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.

Condor Gold seeks growing Nicaragua project with two feeder pits

The company has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.

Condor Gold shares jump as Nicaragua project grows again

The mineral resource update totalled 9.85 million tonnes at 3.6 grams per tonne of gold for 1.14 million of indicate ounces, a surge of 57,000 ounces from the previous update.

B2Gold hits record gold output in 2018 thanks to new Mali mine

For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.

Condor Gold shares jump on Nicaragua concession licence

Nicaragua’s Ministry of Energy and Mines granted the company the Las Cruces concession, expanding its La India project package by 45% to 455.6 km2.

Condor Gold shares soar as Nicaragua project grows

The company extended known targets and discovered new high-grade vein systems at its La India gold project in Nicaragua.

Golden Reign and Marlin Gold merge to form Mako Mining

Golden Reign acquired all of Marlin’s shares.

B2Gold completes expansion study for El Limon mine

The expansion is seen as a step in the right direction for BTO to hit its long-term 1 million oz. per year target.

Condor Gold to start building mine in Nicaragua

Despite the political unrest in the Central American country, Condor has received an environmental permit for the development of a processing plant and associated mine site infrastructure at La India gold project.

Condor Gold a step closer to begin building Nicaragua mine

Shares jumped after the company said it had submitted additional technical studies to environmental and natural resources authority for permitting approval at its La India project.

B2Gold opens major new solar farm at its Namibia mine

The plant is expected to improve B2Gold’s economic returns, reduce impacts on the environment and become a potential funding source for community development.

Condor Gold raises £2.5 million as 2017 loss narrows

The Nicaragua-focused miner has not generated any revenue in the past two years, but narrowed pre-tax loss to £3 million in 2017 from £7.7 million a year earlier.

Condor Gold soars as Nicaragua project won’t relocate residents

Company's technical team believes the La India project is both technically viable and economically attractive with a redesigned open pit that does not require community resettlement.

Barrick grabs stake in Royal Road Minerals in $1.3 million deal

Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.

Condor Gold hopes to soon kick off construction at Nicaragua project

To date, the company has invested $45 million in Nicaragua, completed over 70,000 meters of drilling on its flagship La India asset, and produced two PEAs and a PFS.

Royal Road and Hemco form exploration partnership in Nicaragua

The cooperation agreement aims at identifying and exploring gold and copper targets in the areas covered by both companies’ existing licenses

Gold rush in Nicaragua — production doubles in little over 10 years

Last year, the nation produced over 267,000 ounces of gold, significantly more than the 109,200 ounces it generated in 2006.

B2Gold gets fresh push after announcing at-the-market offering of up to $100M

B2Gold’s stock has gained almost 229% so far this year.

Vancouver miner in trouble in Nicaragua

Deadly clashes as police try to clear access to B2Gold's El Limon mine on day nine of blockade.

One employee shot dead at B2Gold Masbate project in the Philippines

The security guard, a long-time employee at the Masbate gold project, was killed by a fellow guard on Saturday, following an argument between the two.

Canadian mining investments in Latin America

INTERACTIVE MAP: Explore active mines by company, country, and the year that the mine was acquired.