First Majestic takes Mexico tax row to arbitration

The property is located approximately 6 kilometres north of the Cadillac Larder Lake Fault Zone.

A 272.9% increase since 2014 has driven the median M&A deal value to its highest level in six years.

But global gold-backed ETF flows remain positive on the year ($1.7 billion) on the back of strong inflows in January.

Goldcorp’s attempt to top-up its chairman’s retirement haul has met significant resistance.

Following its $6.1B merger with Randgold in January, Barrick set a bullish guidance for 2019, forecasting a double-digit jump in output.

More than half the company’s 2018 gold production came from its Los Filos gold mine in Mexico, which produced 195,362 oz. gold last year.

The Nivre deposit contains 18.9 million indicated tonnes grading 1.09 grams gold per tonne for 665,000 ounces of gold.

Mega-mergers by Canada’s two largest gold companies, Barrick Gold Corp. and Goldcorp Inc., stand to erode its global influence.

The mine is the company’s biggest in the South American country.