McEwen Mining has reported progress with the turnaround at its Black Fox mine, in Timmins, Canada. Consultants are working on a preliminary economic assessment to expand production from the current short mine life producing 30 000 oz. a year to…
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,…
VANCOUVER – Riverside Resources has optioned its Los Cuarentas project, in Sonora, Mexico, to Hochschild Mining in a deal that will see the major spend U$8 million over five years to earn an initial 51% interest. The prospect generator has…
NEVADA – EMX Royalty announced that it has executed an option agreement for the Antelope gold project in Nevada with Hochschild Mining. Hochschild is looking to earn a 100% interest in the property, which is something that the British miner can accomplish by…
After announcing a temporary suspension of operations until at least Mar. 31 at its 49%-owned San José mine in Argentina late last week due to COVID-19, McEwen Mining reported today it will also be suspending production at its Black Fox…
BRITISH COLUMBIA – Skeena Resources has released infill results from its flagship Eskay Creek project in the Golden Triangle district with a number of intercepts returning above-resource grades. Drill highlights include: 36.9 metres of 14.73 g/t gold-equivalent; 37.9 metres of…
CHILE – ATEX Resources received conditional approval from the TSX Venture Exchange for its acquisition of the Valeriano porphyry copper-gold project, located in Chile. The decision means that ATEX shares will again commence trading on the TSXV on December 5,…
Hochschild Mining (LON: HOC) has mined precious metal epithermal vein deposits in South America for 50 years and currently operates three underground mines, two in southern Peru and one in southern Argentina. The mines produced 245,325 oz. gold-equivalent or 19.9 million…
The following article is reprinted with permission from CMJ’s sister publication The Northern Miner.
ARGENTINA – After a banner year at the underground San Jose silver and gold mine in Santa Cruz state, 49% owner McEwen Mining of Toronto says that this year’s exploration budget will be double last year’s or US$14 million. The…
ONTARIO — Lake Shore Gold of Toronto has arranged a $85-million private share placement with Hochschild …