First Majestic started the year out with a bang by announcing its US$256 million (CA$320 million) acquisition of Canadian-based precious metal producer, Primero Mining. The definitive arrangement agreement consists of First Majestic acquiring all of Primero’s issued and outstanding common shares, which means the company takes over the operation of the flagship San Dimas […]Read more... →
Millrock Resources plans to raise up to CA$1.6 billion through a non-brokered private placement of up to 6.4 billion units priced at CA$0.25 per unit. Each unit consists of one common share and one share purchase warrant.
Azure Minerals provided an update on its flagship project, Oposura, in the northern […]Read more... →
Geopolitical volatility continues to be a driver for the price of gold as the precious metal hit a six-week high on November 28 of US$1,296/oz thanks to the depreciation of the US dollar. The continuous rise is motivating companies to consider the acquisition of new […]Read more... →
Metal prices are taking a turn for the better and companies are eager to incorporate new projects into their portfolios after several years of cost reductions and drastic cuts on exploration. But the race to attract investment is fierce as the top mining jurisdictions in the world compete with each other to retain […]Read more... →
*Exclusive Preview of Mexico Mining Review 2018. Order your copy here.
Out of some 1,000 prospects, on average only one will become a mine, according to CAMIMEX. Considering the risks and capital involved, mining jurisdictions are competing for investors and companies to guarantee the future of […]Read more... →
Come visit our booth in Guadalajara at the International Mining Convention to receive your copy of our latest publication, Mexico Mining Review 2018!
Digital effectiveness, competitive shareholder returns and cyber risks are among the top 10 business risks facing mining and metals in 2017 and 2018 according to EY. […]Read more... →
After seven consecutive weeks of highs, gold prices stabilized last Thursday after the US released employment figures that could potentially impact interest rates in the country.
Expected increase in Chinese demand is driving a rise in copper prices.
Coeur Mining saw a 45.28 percent decrease in its trading volume […]Read more... →
The US Federal Reserve’s plan to raise interest rates again in 2017 are a danger to gold’s bullion bulls.
Copper futures faced its biggest loss in two weeks as inventories tracked by the London Metal Exchange showed potential for resource shortage.
According to a new report released by private capital tracker Prequin, […]Read more... →
Canada’s largest diversified miner, Teck Resources, acquired Goldcorp’s 21 percent minority interest in the San Nicolás copper-zinc project in Zacatecas for US$50 million.
Chemours, one of the world’s biggest producers of solid sodium cyanide, is investing in a US$150 million mining solutions manufacturing plant in Gomez Palacio, Coahuila, Mexico.
The main mining […]Read more... →