Former First Mexican Gold exec faced with securities charges

The company's 2017 preliminary gold production of 2.6 million ounces was at the high end of its forecast range.

Only in the fourth quarter of 2017, the company produced 51,699 ounces of gold, up 26% over the fourth quarter of the previous year.

RNC Minerals in talks with commodity traders, mine operators and financiers to secure $1bn to build world's biggest nickel and cobalt project next year.

Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.

The Canadian precious metals miner produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.

China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.

Rosseau Asset Management CEO Warren Irwin sees encouraging and warning signs in the current mining cycle.

Strengthening commodity prices have spurred investors to push Sherritt’s bonds up, but skepticism is still reflected in the yield of nearly 11 percent.

With the friendly takeover First Majestic gains Primero’s flagship asset, the San Dimas silver-gold mine, located in the state of Durango.