Newmont has suspended operations at its Peñasquito mine in Mexico in response to a strike notice by the National Union of Mine and Metal Workers of the Mexican Republic. The company said it will maintain essential activities related to safety, security and environmental monitoring and protection at the site. On June 7, the union notified Newmont of a strike action…
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Brain drain within the minerals sector spells trouble for other ‘critical’ industries
With a growing demand for critical minerals, the mining industry is looking for possible solutions that can access additional sources notwithstanding a limited workforce. By James Tworek, CEO, Element79 Gold The “metals of the future” are deeply reliant on a robust mining sector. Everything from space travel and transportation to electronics and power storage, even communications and medical applications rely…
Read MoreA silver winning deal: Hecla acquiring Alexco
Idaho silver producer Hecla Mining is set to acquire all outstanding shares in Alexco Resource it does not already own in a US$74 million acquisition deal – one that could potentially make it Canada’s largest silver producer.
Read MoreLas Chispas checks in with first silver, gold pour
Canadian-based SilverCrest Metals has achieved the first pour of gold and silver at the Las Chispas mine in Sonora, Mexico. The milestone pour on June 30 consisted of 312 kilograms of dore – about 9,200 ounces of silver and 100 ounces of gold. SilverCrest reported that its underground mining rates have increased during the quarter, with production from stoping and…
Read MoreGSilver selects Davila as new president
Mexico-focused precious metals miner Guanajuato Silver (GSilver) has appointed Ramon Davila as its new president.
Read MoreBayhorse flips on switch at new milling facility
Canadian junior Bayhorse Silver has commenced milling operations at its newly upgraded mill facility in Payette, Idaho.
Read MoreSantacruz Silver placing Rosario on care and maintenance
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.
Read MoreFirst ore recorded at Aurcana’s Revenue Virginius
Canadian-based Aurcana Silver has initiated commissioning of the processing plant at its Revenue Virginius mine in Ouray, Colo., and recorded first ore through the mill.
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