Mexico and Central America
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GOLD: Barrick streaming deal and debt tender offer
TORONTO – Barrick Gold has closed a gold streaming transaction with a subsidiary of Royal Gold involving production from the Pueblo Viejo gold mine in which Barrick holds a 60% interest in the Dominican Republic. Vancouver-based Goldcorp…
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GOLD: Agnico updates Mexican exploration success
MEXICO – Toronto-based Agnico Eagle Mines is enjoying continued exploration success at three of its Mexican gold properties.
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Latin American miners unhappy with costs, survey says
Latin American miners gave low grades to equipment manufacturers in a recent survey by data and intelligence firm Timetric.
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COPPER: Poor markets force Capstone to cut spending
VANCOUVER – Capstone Mining Corp. says poor market conditions are to blame for its decision to cut site operating costs by US$20 million over the second half of 2015 and to suspend work on the Santo Domingo copper project in Chile.
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Argonaut aims to balance expansion and cost control
VANCOUVER — Argonaut Gold (TSX: AR; US-OTC: ARNGF) is attempting to walk a fine line by expanding its production profile while simultaneously controlling operating costs in a bid to maximize free cash flow. The company’s goal is to…
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COPPER: First Quantum amends Cobre Panama technical report
PANAMA – First Quantum Minerals has filed an amended 43-101 for its Cobre Panama copper project in Colón Province. Small clarifications were added, but the basic outline remains the same.
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Calibre Mining advances Nicaraguan projects
For a junior exploration company with shares trading at just 12¢, Calibre Mining (TSXV: CXB; US-OTC: CXBMF) is making pretty decent headway at its projects in Nicaragua.
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Defiance Silver hits high grades at San Acacio
Defiance Silver (TSXV: DEF) is having drilling success at its past-producing San Acacio silver mine in Zacatecas, Mexico.
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Canarc to acquire fully permitted project in Mexico
… Canarc Resource has announced that it plans to purchase 100% of Oro Silver Resources, which owns the fully permitted El Compas gold-silver property in Mexico’s Zacatecas state. Oro Silver Resources is wholly owned by Marlin…
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GOLD: Merger gets final court approval
TORONTO: Alamos Gold Inc. and AuRico Gold Inc. are pleased to announce that they have been granted final court approval from the Ontario Superior Court of Justice (Commercial List) to combine the two companies.
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GOLD: Thieves make off with 7,000 oz from El Gallo 1 mine
MEXICO – Thieves have made off with 900 kg of gold-bearing concentrate from the El Gallo 1 mine in Sinaloa, said owner McEwen Mining of Toronto. The concentrate contained about 7,000 oz of gold that at today’s price is worth upwards of…
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SILVER: Endeavour to expand El Cubo by 40%
MEXICO – Vancouver-based Endeavour Silver Corp. has begun a four-month project to increase ore production by 40% at its El Cubo silver mine in Guanajuato state. The mine output will be raised to 2,200 t/d from 1,550 t/d. The expansion is…