Canadian Mining Journal

Mexico and Central America

  • News

    GOLD-SILVER: Argonaut declares commercial production at San Agustin

    October 24, 2017 by Canadian Mining Journal

    MEXICO – Toronto-based Argonaut Gold has declared commercial production at its San Agustin gold-silver mine in Durango. The project came in on time and 20% below the initial capital budget estimate of $42.6 million (all U.S. dollars). President and CEO

  • News

    COPPER-ZINC: Teck buys out San Nicolas partner

    October 19, 2017 by Canadian Mining Journal

    MEXICO – Vancouver’s Teck Resources has bought out the 21% of the San Nicolas copper-zinc project owned by Goldcorp, making Teck the sole owner of the project in Zacatecas. Goldcorp will receive US$50 million for its share. The arrangement allows

  • Candelaria Mining dodges politics at Caballo Blanco project

    October 16, 2017 by Canadian Mining Journal

    After acquiring the Caballo Blanco project in the Mexican state of Veracruz a little more than a year ago, Candelaria Mining (TSXV: CAND) prepared a new environmental impact assessment (MIA) for the gold project and worked closely with the surrounding communities and

  • News

    GOLD: Leagold begins underground development of Bermejal deposit at Los Filos

    September 25, 2017 by Canadian Mining Journal

    MEXICO – Underground development of the Bermejal gold deposit has begun says Leagold Mining. The Bermejal underground will be mined concurrently with the Los Filos open pit in Guerrero. “The contribution from underground mining at Bermejal will add approximately 150,000

  • News

    GOLD: The Goldcorp pipeline examined

    September 25, 2017 by Canadian Mining Journal

    VANCOUVER – Goldcorp recently took a close look at its project pipeline that forms the basis of the company’s five-year 20/20/20 plan. This plan will see gold production and reserves rise by 20%, while all-in sustaining costs will fall by

  • News

    GOLD: Alamos increases credit facility to $400M

    September 21, 2017 by Canadian Mining Journal

    TORONTO – Alamos Gold has increased its existing undrawn revolving credit facility to US$400 million from US$150 million. The company will now pay fees of 0.45% on the undrawn portion and drawn fees of LIBOR plus 2.00%. The facility matures

  • News

    GOLD: Argonaut pours first gold from San Agustin

    September 20, 2017 by Canadian Mining Journal

    MEXICO – Toronto-based Argonaut Gold has poured the first gold from its San Agustin project in Durango. The feat comes only 10 months after breaking ground on the project. Pete Dougherty, president & CEO said, “Also of great importance to

  • Feature

    Agnico Eagle soars at 60

    September 13, 2017 by David Godkin

    Iconic Canadian gold miner Agnico Eagle Mines celebrates its 60th anniversary

  • News

    GoGold Resources sells Santa Gertrudis to Agnico Eagle

    September 11, 2017 by Canadian Mining Journal

    GoGold Resources (TSX: GGD) is selling its Santa Gertrudis gold project in Sonora, Mexico, to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) for US$80 million in cash in order to eliminate debt. The junior retains a 2% net smelter return royalty but Agnico

  • News

    COPPER: First Quantum boosts share of Cobre Panama

    August 31, 2017 by Canadian Mining Journal

    PANAMA – First Quantum Minerals of Toronto is boosting its share of the Cobre Panama copper project by increasing its share of the operating company, Minera Panama SA, to 90%. First Quantum will pay $635 million for the 10% share

  • News

    Vangold to mine historic stockpiles at El Pinguico

    August 31, 2017 by Canadian Mining Journal

    Vangold Mining (TSXV: VAN; US-OTC: VGLDF) hopes to reactivate production at the historic El Pinguico gold mine, which operated more than a hundred years ago outside Guanajuato City, Mexico. The mine – 2.5 km from Fresnillo’s (LON: FRES) Las Torres

  • Primero’s future uncertain after San Dimas strike actions

    August 29, 2017 by Canadian Mining Journal

    VANCOUVER — Primero Mining‘s (TSX: P) future hangs in the balance following 18 months of operational inefficiencies and labour-related work stoppages at its flagship San Dimas operation, 125 km northeast of Mazatlán, Mexico. … Primero has been dealing with sociopolitical issues