New Pacific Metals blazes a trail at Silver Sand in Bolivia
For 500 years, since the discovery of the giant Cerro Rico silver deposit at Potosi, Bolivia has tantalized visitors with its mineral wealth.
Northern Miner Staff
Posts by Northern Miner Staff:
South America snapshot: Eight companies advancing assets
South America has long been a home away from home for North American-listed mineral explorers, developers and miners.
Proposed US mining legislation follows strict party lines — editorial
For miners, probably the worst part of the bill is its proposed imposition of a 12.5% royalty on all new mining operations, and 8% on existing ones.
Agnico’s Meliadine mine reaches commercial production
The mine, near Rankin Inlet in Nunavut, is expected to produce about 230,000 ounces of gold this year at total cash costs of $612 per oz.
Drill results boost Nighthawk Gold shares
Nighthawk has increased its drill program to 35,000 metres for the year, up from the previously forecast 25,000 metres, which makes it the largest drill program in the explorer’s history.
Positive heap leach test results lift Marathon Gold’s shares
The latest results are more favorable than the 59% gold recovery used in a preliminary economic assessment completed in October 2018.
Orvana squeaks out $3m profit in Q2, moves into Argentina
The company recorded net income of $3.3m on $36m in revenue during the past quarter, compared with a net loss of $3.5m on $37m in revenue during the year-ago quarter.
First Quantum to sell Spanish mine for $190M
Global Panduro, an entity controlled by US private equity Resource Capital Funds, will acquire the past-producing Las Cruces copper mine.
