Canadian Mining Journal

Mexico and Central America

  • 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

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    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

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    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

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    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.

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    GOLD: Canadians own half of world’s 10 largest gold mines

    June 2, 2016 by Canadian Mining Journal

    The list of the world’s 10 largest gold mines is making the rounds. In 2015 they produced almost 10.6 million oz of the yellow metal or 329.6 tonnes of it (if imaging 330 tonnes of anything is possible). That was

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    GOLD: Marlin begins mining at La Trinidad high grade HS zone

    May 19, 2016 by Canadian Mining Journal

    MEXICO – Vancouver’s Marlin Gold Mining has begun mining the high grade HS zone at the La Trinidad open pit and heap leach gold project in Sinaloa state. The addition of cheaper heap leaching to existing open pit production from

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    SILVER: First Majestic scoops up $57.5M for Mexican projects

    May 12, 2016 by Canadian Mining Journal

    MEXICO – Vancouver-based First Majestic Silver Corp. has closed a bought deal financing that grossed almost $57.5 million including the over-allotment. The private placement was taken up by a syndicate co-led by Cormark Securities and BMO Capital Markets. First Majestic

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    McEwen picks up more ground in Mexico

    May 5, 2016 by Canadian Mining Journal

    McEwen Mining (TSX: MUX; NYSE: MUX) is acquiring claims in Mexico about 10 km from the company’s El Gallo mine in Sinaloa state that it believes have the possibility of extending the life of the gold-silver mining operation, and chairman and

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    SILVER: Endeavour raises $16M for exploration at Terronera project

    April 26, 2016 by Canadian Mining Journal

    MEXICO – Endeavour Silver Corp. of Vancouver has completed the sale of 8.02 million shares for net proceeds of US $16.0 million. The funds will be used in part for exploration of the Terronera silver-gold project in Jalisco state. A

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    LEAD-ZINC: Arizona Mining raises $15.6M for Hermosa project

    April 25, 2016 by Canadian Mining Journal

    ARIZONA – Arizona Mining of Vancouver has closed financings worth US$15.6 million for its Hermosa zinc-lead-silver project 100 km southeast of Tucson. Osisko Gold Royalties has paid US$10 million for a 1% net smelter royalty and a further $5 million

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    Escobal is Tahoe’s ‘solid foundation,’ CEO says

    March 17, 2016 by Canadian Mining Journal

    Tahoe Resources (TSX: THO; NYSE: TAHO) has made a recent foray into the gold industry with a pair of acquisitions, but the asset that has fuelled its rise, and continues to lay the financial foundation for growth, is the world-class Escobal