Less than a month after National Bank Financial said it was terminating a $75 million bought-deal financing deal with SilverCrest Metals (TSX: SIL; NYSE-AM: SLV) due to the COVID-19 pandemic, the mining company says it will raise the same amount of money…
PDAC 2020: Investor interest in ESG grows
As global financial markets began to melt down in response to the coronavirus pandemic, SilverCrest Metals (TSX: SIL; NYSE-A: SILV) inked a $75 million bought-deal financing on March 11 that was underwritten by a banking syndicate led by National Bank Financial (and…
As the world seemingly moves into lockdown to halt the transmission of the novel COVID-19 virus, the uncertainty and restrictions on movement are taking a toll on markets and commodities. After initially benefiting from uncertainty around the virus and peaking…
MEXICO – SilverCrest Metals has announced a $75 million bought deal, led by National Bank Financial, Eight Capital and Scotia Capital, with the underwriters purchasing 9.1 million common shares at $8.25 each. An additional over-allotment option allows the underwriters to…
Despite Almaden lawsuit, the country retains its mining friendly reputation
Three years into exploring the Las Chispas district in Sonora, Mexico, Silvercrest Metals‘ (TSXV: SIL) Las Chispas project is picking up speed. The company has secured financing shortly after Mexico’s environment ministry gave Silvercrest the green light to develop the…
MEXICO – Silvercrest Metals has discovered the Babi Sur silver-gold vein on its Las Chispas property in Sonora through recent drilling. The company intersected high grade silver and gold mineralization along a 1.5 km strike length at Babi Sur. The vein…
MEXICO – Silvercrest Metals continues cutting high grade mineralization at its Las Chispas silver property in Sonora. The latest results from a phase three infill drill program at the property included 9.3 metres grading 39.66 g/t gold and 3,361 g/t silver,…
Bridgestone Americas recently named Rob Seibert the new executive director of off-the-road sales at Bridgestone Americas Tires Operations. He was previously the company’s director of marketing, OTR, United States and Canada. He joined Bridgestone in 2015 after five years with…
First Majestic Silver (TSX: FR; NYSE: AG) is buying SilverCrest Mines (TSX: SVL) in a largely all-share, $154-million deal to bulk up its treasury and asset base.
MEXICO – Vancouver’s SilverCrest Mines has successfully commissioned the new 3,000-t/d Merrill Crowe mill at its Santa Elena gold-silver mine 150 km northeast of Hermosillo. The mine is transitioning from and open pit and heap leach…