February 16, 2021 at 11:33 AM EST Top Silver Stocks To Watch In the last month, silver stocks became more of a talking point than they normally are. We will get into that, but how did all of this start? The pandemic accelerated the price of silver to new highs in the market during 2020. As more reopening started around the world, the price of silver went up even more. This was as a result of the industrial demand for the metal as operations continued for many build sites and businesses. Once again, silver received a boost in early February. This boost came as reports were released saying Reddit traders have shifted their focus to silver. While many Redditors denied that this was true, what was undeniable was the rise up in price that silver experienced. At one point in the day silver prices reached $30 per ounce, a price that had not been seen in a long time. The hype quickly died down and brought silver stocks and prices back down the next day. But silver has actually held on to
Almaden Provides Update on Permitting for Ixtaca Precious Metals Project, Mexico
December 21, 2020 07:00 ET | Source: Almaden Minerals Ltd. Almaden Minerals Ltd.
VANCOUVER, British Columbia, Dec. 21, 2020 (GLOBE NEWSWIRE)
Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) has received notification (the “notification”) from the Mexican federal permitting authority, Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”) that the Company’s initial environmental permit application (“MIA”) in respect of the Ixtaca project has not received approval. Almaden originally submitted the MIA in early 2019.
SEMARNAT Decision
Under relevant legislation, SEMARNAT is obliged to provide specific technical reasons why projects may not meet the environmental standards required for approval.
Almaden denied environmental permit for Mexico project
The Ixtaca gold-silver project area in Mexico’s Puebla State, east of Mexico City. Credit: Almaden Minerals
Almaden Minerals (TSX: AMM) has hit a stumbling block in advancing its Ixtaca gold-silver deposit, one of Mexico’s premier precious metal discoveries, towards production.
On Monday, the company received notification from the Mexican federal permitting authority (SEMARNAT) that the project’s initial environmental permit application (MIA) has been denied. Almaden originally submitted the MIA in early 2019.
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Reasons cited for not approving the MIA, in the company’s view, include insufficient information regarding the impacts of open pit mining on local environment.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Almaden Reports Successful Advance of Community Water Project
Almaden Minerals Ltd.December 9, 2020 GMT
VANCOUVER, British Columbia, Dec. 09, 2020 (GLOBE NEWSWIRE) Further to its press release of March 9, 2020, Almaden Minerals Ltd. (“Almaden” or “the Company”; AMM: TSX; AAU: NYSE American) is pleased to announce that the irrigation dam developed by the Company in partnership with the Federal Government water authority (“CONAGUA”) and a local irrigation group from the community of Zacatepec, is now in operation.
Since the completion of construction in March, the reservoir has filled with water, additional equipment including pipelines and filters have been added, and the first crops are now being grown. On December 8th, the water users of Zacatepec hosted an event marking the success of this project to which they invited representatives of CONAGUA and the Company.