Avino Attains Production at Namesake Mexico Property

Avino Silver & Gold Mines reported that it has reached commercial production at a second mine—the Avino mine—on its Avino silver-gold-copper property in Durango state, Mexico. The company has operated the 250-mt/d San Gonzalo mine on the property since 2012. The two mines feed a conventional flotation mill that has three separate circuits and a capacity of 1,500 mt/d.

Read more ...

NGEx Plans to Spin Out Filo del Sol

NGEx Resources has announced plans to spin out its cross-border Chile-Argentina Filo del Sol property into a wholly owned subsidiary to be called Filo Mining Corp. NGEx will retain and focus on advancing its 60% owned, cross-border Constellation project, which is developing the Los Helados property in Chile and the Josemaría property in Argentina. Filo del Sol is adjacent to these two properties.

Read more ...

Endeavour Silver Acquires El Compas Project in Mexico

Endeavour Silver has entered into a definitive agreement with Canarc Resource Corp. to acquire a 100% interest in Oro Silver Resources, a wholly owned subsidiary of Canarc. Oro Silver owns the El Compas gold-silver development property and has a five-year renewable lease on the 500-metric-ton-per-day (mt/d) La Plata ore processing plant in Zacatecas, Mexico.

Read more ...

Anglo American Sells Brazil Niobium and Phosphates Businesses

Anglo American announced in late April that it has agreed to sell its Brazil-based niobium and phosphates businesses to China Molybdenum for $1.5 billion in cash, payable at closing. The wholly owned businesses are located in the Brazilian states of Goiás and São Paulo. The transaction is expected to close in the second half of 2016.

Read more ...

Resource Center Whitepapers, Videos, Case Studies

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.