First Majestic Silver Corp
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First Majestic Silver on track to meet guidance
In the third quarter, silver miner First Majestic Silver churned out 5.2 million silver-equivalent oz., made up of 3.2 million oz. of silver and 25,771 oz. of gold, from its three underground mines in Mexico. The figures represent a 72%…
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First Majestic plans next steps in Mexico tax dispute
First Majestic Silver (TSX:FR; NYSE: AG) says it is getting ready to appeal a Mexican court decision this week that revoked a key agreement determining how the silver producer was taxed in the country. The federal court’s ruling, yet to be…
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Orogen Royalties options Mexican gold project to Hochschild
Orogen Royalties has announced its first deal since the formation of the company this month – a US$10.4-million option agreement with Hochschild Mining. The agreement will see Hochschild earn up to 100% of the Sarape gold project in Sonora, Mexico,…
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GOLD: First Mining defines Goldlund ahead of Treasury acquisition
ONTARIO – Thirteen new drill holes completed in the main zone at First Mining Gold‘s Goldlund project, 60 km northeast of Dryden, continue to define mineralization and support the potential to expand resources. Highlights include: 10 metres of 5.42 g/t…
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GOLD: Apollo Gold to acquire First Majestic properties
VANCOUVER – Apollo Gold has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver. The deal is the second option agreement the junior has announced since April. Apollo, which changed…
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SILVER-COPPER: Silver Dollar to acquire majority stake in First Majestic’s La Joya
MEXICO – Silver Dollar Resources and First Majestic Silver signed a letter of intent wherein Silver Dollar has the option to earn an initial 80% interest in First Majestic’s La Joya silver-copper-gold property in Mexico. Following this exercise, Silver Dollar may earn an…
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MINING PEOPLE: Atex Resources, Auramex, Canada Nickel, Equinox Gold, Fieldex, Maple Gold Mines
Management moves announced this week include: Pedro Villigran Garcia is now a VP of Argo Gold and will assist with various corporate efforts, including the social media platform. Raymond Jannas is now the president and CEO of Atex Resources, replacing…
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MINING PEOPLE: Camino, First Majestic, Generation Mining, Mexican Gold, RPMGlobal, Talisker
Dustin Small has joined Adventus Mining as director of projects to lead the development of the Curipamba project. Gordana Slepcev has stepped down from her role as chief operating officer of Anaconda Mining. Jaksa Mrcela has joined the board of…
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MINING PEOPLE: Crystal Lake, Eldorado, Falcon, First Majestic, Gold Lion, Grid Metals, Hannan, Iamgold, Roscan, Western Atlas
Canadian explorer Crystal Lake Mining has appointed Cole Evans as CEO and to its board as a director. Maurizio Napoli, the company’s interim CEO, will remain its president, vice-president of exploration and director. Evans is the co-founder, president and CEO…
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First Majestic bids for Primero in friendly deal
First Majestic Silver’s (TSX: FR; NYSE: AG) proposed acquisition of Primero Mining (TSX: P) and its San Dimas silver-gold mine would bring the number of its operating silver mines in Mexico to seven. Keith Neumeyer, First Majestic’s president and CEO, said…
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MINING PEOPLE: First Cobalt, First Majestic Silver, Goldcorp, Harte Gold, Highland Copper, and Stratton Resources
Vancouver-based First Cobalt Corp. has named Trent Mell its president and CEO. His team at PearTree Securities raised $300 million in equity investments and became the largest provider of flow-through capital in Canada in 2016. Prior to that he worked…
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SILVER: First Majestic scoops up $57.5M for Mexican projects
MEXICO – Vancouver-based First Majestic Silver Corp. has closed a bought deal financing that grossed almost $57.5 million including the over-allotment. The private placement was taken up by a syndicate co-led by Cormark Securities and BMO Capital Markets. First Majestic…
