Junior corporate roundup: Chakana, Mexican Gold, Aztec, Starcore
Companies report financing and M&A updates related to gold, silver and copper assets in Mexico and Peru.
Companies report financing and M&A updates related to gold, silver and copper assets in Mexico and Peru.
A US$1.5bn pipeline of projects will further cement Fresnillo's position as Mexico's top gold and silver producer over the next five years, with US$200mn earmarked for exploration in 2018 alone.
The initiative forms part of the government's Cert tax incentive program and coincides with industry-wide efforts to replace dwindling hydrocarbon reserves.
Union president Sergio Muñoz said the workers will receive a bonus of 18.5mn pesos (US$30,500).
The watchdog, locally known as Cade, said the operation does not result in significant horizontal overlap, and approved it without restrictions.
Companies report financing and corporate updates related to gold, silver and lithium projects in Brazil, Ecuador and Mexico.
Brazil and Argentina reported the best production performances in January-February, data from the World Steel Association shows.
The investigation was requested by local producer Gerdau Summit, a JV between Brazil's largest steelmaker Gerdau, Japan's Sumitomo Corporation and Japan Steel Works (JSW).
Companies operating in Ecuador, Chile, Mexico, Panama, Argentina and Peru publish updates on their exploration programs.
Tahoe Resources' Edie Hofmeister tells BNamericas she is optimistic about a near-term solution to a license suspension and roadblock that have seen operations halted at the Escobal mine in Guatemala for nine months.