Fresnillo plc
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Fresnillo, Mag Silver on track at Juanicipio
Although the processing plant at their Juanicipio mine won’t be completed until next year, partners Fresnillo and Mag Silver were able to declare first production last month, by processing Juanicipio ore at Fresnillo’s nearby facilities. Initial production from the underground…
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Silver Wheaton’s model thrives in tough times
After inventing the precious metal stream back in 2004 Silver Wheaton (TSX: SLW; NYSE: SLW) has noticed the landscape getting more crowded.
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Mexico’s proposed tax creates uncertainty
A proposed mining tax of 7.5% on companies in Mexico and as much as 8% on those extracting precious metals is creating uncertainty in the industry about investing in a country that until now has been thought of as one of the world’s most…
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Junior exploration programs will be ‘pruned to the bone,’ Macquarie says
In a new report on junior precious metal explorers that looks at which companies will have the cash to survive the current market and the decline in the gold price, analysts at Macquarie Equities Research predict that exploration programs will…
