Mexico and Central America
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Mexico’s environmental authority halts Almaden’s Ixtaca project
Mexico’s environmental authority, Semarnat, has suspended the permitting process for Almaden Minerals’ (TSX: AMM; NYSE: AAU) Ixtaca gold-silver project in the state of Puebla, pending the resolution of a lawsuit that challenges the country’s mineral title system. The lawsuit, filed by the Tecoltemi community of…
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GOLD: Bluestone increases M&I resources at Cerro Blanco project
GUATEMALA – Bluestone Resources has announced a new high grade mineral resource estimate for its Cerro Blanco gold project 80 km east of Guatemala City. In a press release, the Canadian company said that measured resources grew by 134% to…
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WATER: Veolia chosen to advance Mexican lithium project
MEXICO – Veolia Water Technologies has engineered and designed a production process that recovers lithium carbonate and sulphate of potash from clay deposits using HPD evaporation and crystallization systems. That is exactly what British firm Bacanora Lithium needed to advance…
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SILVER: Wealth Minerals granted access rights to Valsequillo project
MEXICO – Wealth Minerals reported that it was able to negotiate surface access rights to the Valsequillo silver project located in the state of Chihuahua. In a press release, Wealth explained that it has the option to acquire a 100%…
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GRINDING: ABB commissions six gearless mill drives at Cobre Panama
PANAMA – Commercial production of copper now underway at large open pit Cobre Panama mine. Technology leader ABB has deployed six ABB gearless mill drives at the Cobre Panama copper mine, which is located 120 km west of Panama City.…
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GOLD: Agnico Eagle reports record third quarter production
TORONTO – Agnico Eagle Mines reported many good numbers in its Q3 2019 report – starting with record gold production of 476,937 oz. for the quarter. That included pre-commercial production of 33,134 oz. at Amaruq, where commercial production was declared…
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GOLD: Royal Road encouraged by drill results at Caribe gold project
NICARAGUA – Royal Road Minerals reported this week that it received positive results from a recently completed four-hole exploratory diamond drilling program at its Caribe gold project in northeastern Nicaragua. In a media statement, the Jersey-based company said that all…
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SILVER: Sprott Asset Management invests $2 million in Kootenay Silver
MEXICO – Vancouver-based Kootenay Silver (TSXV: KTN; US-OTC: KOOYF) has announced a $2-million investment from Sprott Asset Management through a non-brokered private placement of 7.7 million units at $0.26 per unit. Each unit consists of one common share and one-half of…
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GOLD: Blockade resumes at Newmont Goldcorp’s Peñasquito mine
MEXICO – Newmont Goldcorp has temporarily halted operations at its Peñasquito mine in Zacatecas state, following the resumption of an illegal blockade. This is the latest blockade to disrupt the mine since a trucking contractor and members of the Cedros community – one of Peñasquito’s 25 neighboring communities –…
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Mexico Snapshot: Precious metals from coast to coast
Mineral companies large and small are active throughout Mexico. Precious metals remain the target of choice for explorers, developers and mine operators alike. Here are eight firms advancing assets in Mexico. Continue reading at The Northern Miner.
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Argonaut Gold to hedge production at El Castillo mine
After a challenging second quarter at its El Castillo complex in Mexico, Argonaut Gold (TSX: AR) will hedge a portion of the operation’s remaining life-of-mine production. The company told shareholders late last month that it had entered into a series of “zer0-cost…
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President of Mexico says ‘no new mining concessions’
Global mining companies operating in Mexico are working with the country’s mining chamber, Camimex, to determine the impact of Mexico’s President Andres Manuel Lopez Obrador’s statement earlier this month that no new mining concessions will be handed out in the…
