Canadian Mining Journal

Mexico and Central America

  • News

    NICKEL: Sherritt’s Moa survives hurricane Matthew

    October 12, 2016 by Canadian Mining Journal

    CUBA – Toronto’s Sherritt International Corp. has provided an update on its Moa joint venture nickel project following hurricane Matthew earlier this month. The category 4 storm made landfall and swept across the eastern part late on Oct.3 and remained

  • News

    Companies need to take a ‘granular’ view of Mexico

    October 4, 2016 by Canadian Mining Journal

    A new report by the Eurasia Group says the government of Mexico will remain ineffective in its fight against crime. The political risk analysis and consulting group noted that homicides in August rose 24% year-on-year to 1,938, while extortions were

  • News

    GOLD: Yamana raises $178M on sale of Mercedes mine, warrants

    October 3, 2016 by Canadian Mining Journal

    TORONTO – Yamana Gold has fattened its treasury by $178 million with the sale of its Mercedes gold-silver mine in Sonora, Mexico, and the sale of Sandstorm Gold warrants. About $156 million is earmarked for debt reduction. The company continues

  • News

    Avino Silver and Gold hits milestones in Durango

    August 31, 2016 by Canadian Mining Journal

    The start of commercial production at Avino Silver and Gold Mines’ (TSXV: ASM; NYSE: ASM) Avino ET mine – the second and largest mine on the company’s Avino property in Mexico – signals better times ahead for the junior precious metals producer.

  • News

    Electrum Group sees merit in Southern Silver’s Mexican project

    August 30, 2016 by Canadian Mining Journal

    Southern Silver Exploration (TSXV: SSV; US-OTC: SSVFF) likes to think that its Cerro Las Minitas silver-lead-zinc project in Durango, Mexico, has a lot going for it. Not only is it close to a number of significant deposits – some of them producing

  • News

    Cyprium picks up momentum at Potosi

    August 29, 2016 by Canadian Mining Journal

    Cyprium Mining (TSXV: CUG) recently started small scale mining at the past producing underground Potosi silver-lead-zinc mine in northern Mexico, with plans to further increase throughput. Potosi is in Chihuahua’s historic Santa Eulalia district. Discovered in the 1500s, Santa Eulalia ranks

  • News

    Excellon swings back into profit as costs fall

    August 17, 2016 by Canadian Mining Journal

    Excellon Resources (TSX: EXN) is back in the black, after more than two years of losses. The operator of the high grade Platosa silver-lead-zinc mine in Mexico reported a second quarter adjusted profit of US$900,000, or a penny per share, up

  • GOLD: B2Gold makes at-the-market offering up to $100M

    August 15, 2016 by Canadian Mining Journal

    VANCOUVER – B2Gold Corp. plans to distribute an at-the-market offering of US$100 million worth of common shares. The company has entered into an agreement with the American and Canadian subsidiaries of Canaccord Genuity and HSBC Securities. Newly issued shares are

  • News

    SILVER: Avino begins work on new tailings facility

    August 10, 2016 by Canadian Mining Journal

    MEXICO – Avino Silver & Gold Mines of Vancouver has begun building a new tailings storage facility (TSF) at its Avino silver mine in Durango. All necessary permits have been received, an independent engineering study done, and ground has been

  • GOLD: Premier to buy Mercedes mine from Yamana

    August 3, 2016 by Canadian Mining Journal

    MEXICO – Premier Gold Mines of Thunder Bay, ON, has signed a definitive share purchase agreement with Yamana Gold of Toronto to acquire Yamana’s Mercedes gold-silver mine in Sonora state. Premier has agreed to pay US$140 million in cash and

  • News

    NICKEL: Sherritt starts new Moa acid plant

    July 19, 2016 by Canadian Mining Journal

    CUBA – Sherritt International of Toronto announces the start of the third acid plant at the Moa joint venture with General Nickel Company of Cuba. The US$65 million project was the first capital project at Moa to be fully financed

  • News

    SILVER: Pan American completes sulphide plant at La Colorada

    July 14, 2016 by Canadian Mining Journal

    MEXICO – Vancouver-based Pan American Silver Corp. has completed the new sulphide ore processing plant at its La Colorado silver mine in Zacatecas state. The mill began processing ore on July 1, 2016, at an average rate of 1,400 t/d.