Maverix Metals expects to exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.
Pan American Silver Mining News
Deal creates one of the world’s biggest silver mining companies.
The project sits on top of the Mexican Silver Trend.
Pan American Silver management has engaged with the protesters in a mediation process.
Patagonia’s plans have reignited a long-standing debate related to the environmental risks of open-pit operations that use of cyanide leaching technology.
Mining magnate and philanthropist Ross Beaty joins other prominent Canadians in being among those awarded membership in the 2017 Order of Canada.
The donation by the company's founder Ross Beaty aims to enhance the museum’s national research and collections that are focused on species discovery.
Silver is up 40% to date, while gold has only gained about 28%.
Samco Gold signs definitive option agreement with Pan American Silver on El Dorado-Monserrat project in Argentina
The El Dorado-Monserrat project covers an area of approximately 8,000 hectares.
"We're seeing some positive developments in Argentina relative to attracting foreign investment."
The company was up 4.07% to $14.59 a share.
Mexico's great mining legislation and great mining culture.
Despite reporting a 14% increase in silver production and record quarterly gold output, Pan American Silver Corp.'s (TSX:PAA) second-quarter earnings slid 61%, as the miner was hit by a double-digit decline in the precious metal prices.
The main source of silver to the Spanish crown during the 1500s, the Mexican state of Zacatecas is again enjoying the attention of foreign investors.
While 2011 was a near-record year for mining mergers and acquisitions (M&A), with over 2,600 deals worth $149 billion in the global mining sector, 2012 is not looking so good, at least not for Canada. The value of mining M&A tumbled 50% in the first quarter compared to the prior three months, with only one deal over $1 billion, said KPMG in a report.
Orko Silver crashed 34% Thursday on news that Pan American Silver is walking away from Orko's La Preciosa project in Mexico.
(RTTNews) - Pan American Silver (PAAS: News ) gapped open slightly lower Wednesday and declined during the first 2 hours of trade. The stock slipped further late in the afternoon and closed down by 1.50 at $20.40.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2011) - (All amounts in US dollars unless otherwise stated and all production figures are approximate) - Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) ("Pan American" or the "C...
In spite of declines in silver, gold and zinc production during the first quarter of the year, Pan American Silver said Wednesday management "continues to believe in the accuracy of its forecast 2011 production." Silver production for the first quarter was 5.3 million ounces, a 6% decrease below management's forecast "due primarily to throughput and grade challenges at Huaron, Morocochoa, San Vincente and Manantial Espejo during the quarter," PanAm said.
Although Pan American Silver set production records last year, the company cautioned that silver and gold production will decline this year.
Never mind the correction in the price of silver, says Silver Strategies Editor Sean Rakhimov; better things are ahead. "It may be volatile; it may be steep; but it should be short-lived," he says, adding that he expects silver to rise well above its 2010 high at some point in 2011. Some of that price support could come from governments entering the silver market. Find out all the reasons for this and read about some of Sean's favorite silver plays in this exclusive interview with The Gold Report.