Mining.com

Richest man in Mexico partners with Goldcorp

By Valentina Ruiz Leotaud Carlos Slim, who is known as the richest man in Mexico, teamed up with Canada’s Goldcorp (TSX:G) (NYSE:GG) by sealing a deal between his Minera Frisco and Goldcorp’s subsidiary Minera Peñasquito. The deal involves exploring and evaluating possible mining operations in Mexico’s Mazapil Valley, which is in the central Zacatecas state

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A self-exiled ex-fugitive is making Mexican billionaires nervous

By Bloomberg News Mining-union leader Napoleon Gomez Urrutia, who fled to Canada more than a decade ago after being accused of embezzlement, is on the short list for a senate seat in Mexico with presidential front-runner Andres Manuel Lopez Obrador’s party Morena. In an election cycle filled with colorful characters and some tough-talking, the nomination

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Sibanye, Regulus join efforts to develop Argentina’s Altar project

By Cecilia Jamasmie South Africa’s Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), the precious metal miner target of several lawsuits over mounting deaths at its operations, said Friday it has inked an agreement with Canada’s Regulus Resources (TSX-V: REG), and its newly formed subsidiary Aldebaran Resources, to jointly unlock value at the Altar copper-gold project, in Argentina. Under the

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Centerra mine’s future up in the air as Kyrgyzstan to review deal

By Cecilia Jamasmie Fresh doubt has been cast over a deal reached last year between Centerra Gold (TSX:CG) (OTCMKTS: CAGDF) and the Kyrgyz Republic ending long-dragged disputes, after a government speaker confirmed Friday the parliament will review the settlement in September. According to radio Azattyk, the upcoming revision of the strategic agreement may lead to

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Gold Exploration in US Great Basin fueling resource growth

By Rutendo Munatsirei This gold explorer looks to past-producing mines to find potential. Liberty Gold’s Goldstrike Project Liberty Gold Corp. (LGD:TSX) started off the new year with a bang and has continued to focus on its three gold exploration projects: Goldstrike, Black Pine and Kinsley, all located in the sweet spot known as the U.S.

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The Big Bonanza: The richest mineral discovery in American history

By MINING.com Editor Mining explorations have always been massive gambles, even on the Comstock Lode, the legendary vein of gold and silver ore running beneath the mountainside town of Virginia City, Nevada,the most important town in the young state. In 1872, John Mackay and his three partners invested everything they’d “raised” from their previous mining

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