Mexico and Central America
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GOLD: Equinox generates 127,016 oz. in Q2, adjusts guidance
VANCOUVER – In the second quarter, producer Equinox Gold generated a total of 127,016 oz. at all-in sustaining costs of US$900 per oz. sold, from six mines in the Americas. Despite the COVID-19 pandemic, Equinox still recorded its highest quarterly…
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Mexico Snapshot: Eight companies to watch
Mexico is an attractive destination for Canadian miners with its mining-friendly policies, prospective mineral belts and well-developed infrastructure and legislation. Below, we provide an overview of eight companies with exploration, development and production-stage assets in the country. Americas Gold and…
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GOLD: Unigold drills high-grade intercept at Neita
DOMINICAN REPUBLIC – The longest and highest-grade intercept drilled so far at Ungiold’s Neita concession in the Dominican Republic “suggests that sulphide mineralization may have a steeper plunge to the northeast than originally interpreted, but, most importantly, it suggests that the system…
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GOLD-SILVER: Inomin shares jump on Mexico property acquisitions
MEXICO – Inomin Mines’ shares surged 15% on Monday following its recent property acquisitions to extend the company’s project portfolio beyond Canada. Last week, the Vancouver-based miner entered an agreement to acquire the La Gitana and Pena Blanca gold-silver projects in Mexico from…
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GoGold Resources advances flagship Los Ricos project
Since co-founding his first junior mining company, Gammon Gold, in his garage in Halifax, N.S., in 1994, Bradley Langille has spent the majority of his career outside of the country – hunting for precious metals and building mines in Mexico.…
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GOLD-SILVER: Inomin Mines acquires La Gitana and Pena Blanca
MEXICO – Inomin Mines has announced an agreement to acquire Gunpoint Exploration’s La Gitana and Pena Blanca gold-silver properties, located about 100 km east of Oaxaca City in Mexico. Under the agreement, Inomin will acquire a 100% interest in the properties in exchange for 1…
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GOLD: Torex produces 59,508 oz. in Q2, updates 2020 guidance
TORONTO – Mexican-focused producer Torex Gold released its second quarter financial results and updated production guidance for the year: with 59,508 oz. generated in the quarter, the company now expects to produce 390,000 oz. to 420,000 oz. of gold this year.…
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Eric Sprott takes $10M stake in Vizsla Resources
Vizsla Resources (TSXV: VZLA) has closed a bought deal private placement for 16 million units of the company at a price of $1.87 per unit for gross proceeds of $30 million and includes the exercise in full of the underwriters’ over-allotment…
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SILVER: Pan American grows La Colorada skarn resource
MEXICO – Silver producer Pan American Silver has updated the resource estimate for the La Colorada skarn deposit near its wholly owned La Colorada underground mine in Zacatecas state. Inferred resources now stand at 100.4 million tonnes, grading 44 g/t…
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Equinox set to climb the ranks
Equinox Gold joins the Top 40; eyes 1M oz of gold production
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GOLD: Agnico Eagle reports solid Q2 results, hikes guidance
TORONTO – Agnico Eagle Mines reported on Wednesday a near four-fold increase in quarterly profit, owing to a surge in gold prices and a reduction in exploration costs during the second quarter of 2020. For the three-month period ended June 30, the Canadian…
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SILVER: SantaCruz Silver picks up Penoles asset in US$20M deal
VANCOUVER – Mexico-focused Santacruz Silver Mining has signed a deal to acquire the Zimapan property in Hidalgo state from Grupo Penoles for a total of US$20 million, plus US$3.2 million in value added tax. The agreement follows Santacruz’s acquisition last October…
