In the face of ongoing tariff threats from the United States, the British Columbia government said it is working to accelerate 18 critical mineral and energy projects worth roughly $20 billion, reported The Canadian Press. Full story.
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First Majestic Silver has completed its acquisition of Gatos Silver, the company announced, with 98.44% of First Majestic’s shareholders and 99.23% of Gatos Silver’s stockholders voting in favor. Under the terms of the merger agreement, First Majestic has acquired all issued and outstanding shares of Gatos Silver, making it a wholly-owned subsidiary. The takeover was first announced om September 2024…
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Canadian-based Aya Gold & Silver has kicked off commissioning activities at its new 2,000-tonnes-per-day mill at the underground Zgounder silver mine in Morocco. “We are excited to highlight Zgounder’s move from construction to commissioning,” said President and CEO Benoit La Salle. “When commissioned and combined with the current plants, Zgounder expanded operations will deliver LOM average production of 7 million…
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Peruvian miner Buenaventura confirmed it has received its final operating permit from the country’s Ministry of Energy and Mines for the start of production at its Yumpag silver mine. The operation, wholly owned by the company, is near the Uchucchacua Unit, Yanahuanca District, Daniel Alcides Carrión Province, Pasco Region. It will be Buenaventura’s flagship asset, said CEO Leandro Garcia. He…
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The U.S. Environmental Protection Agency said it fined Hecla Mining’s Greens Creek mine $143,124 for violating hazardous waste management and disposal requirements under the Resource Conservation and Recovery Act. Read more.
Read MorePortuguese-focused, Canadian-based Goldplay Mining has tapped Christopher Osterman as its chief executive officer effective August 4. Catalin Kilofliski, who has been appointed executive chairman, will continue to lead the company’s strategy while current board chair Deepak Malhotra has been appointed as lead independent director. Osterman is a 40-year veteran of all stages of mining in Africa, North and South America…
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Diversified miner Hudbay Minerals has announced the completion of mining activities at its 777 copper-zinc-gold-silver mine in Canada, which once served as its flagship Manitoba operation, after 18 years of production. Read full article.
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First Majestic Silver Corp. has entered into a definitive agreement to sell its 100% owned, past-producing La Guitarra Silver Mine in Mexico to Sierra Madre Gold & Silver for US$35 million. Read full article.
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Canadian-based miner Santacruz Silver has cited a lack of profitability for its decision to suspend operations at its Rosario project in Mexico and place the asset on care and maintenance.
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Canadian-based miner Orvana Minerals, owner of the El Valle plant in Spain, has recommenced work at the facility after an August failure at its legacy open-pit wall. The company, which continued to operate the mine’s underground areas during the stoppage and stockpile the material, has verified and upheld all of the country’s safety, environmental and operational standards. The plant initially…
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