Although a final production decision has not been made, Canada's Alexco Resource Corp. is preparing to resume mining of silver and related minerals late this year in the Yukon's Keno Hill Silver District.
The jury is well and truly out on whether or not it is the fault of the system, or just another headache embedded by over-regulation.
Lundin Mining is developing a new nickel deposit that could extend the life of its Eagle nickel and copper mine in Michigan's Upper Peninsula.
"They are either shoving it east or through the Gulf, which has a terrible netback, below cash cost probably," the source said.
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.2 million barrels per day (b/d) in September, down 60,000 b/d from August as Saudi Arabia further reined in supply, according to a just-released Platts survey of OPEC and oil industry officials and analysts.
Recycling in the tin industry has increased steadily over the past decade, with the proportion of tin use accounted for by secondary material hitting 32% in 2013, industry body ITRI said, citing its most up-to-date data set.
The Dubai Multi Commodities Centre and Borsa Istanbul have signed a memorandum of understanding to enhance bilateral relations, specifically linked to the trade of bullion, they said in a joint statement Tuesday
Piling on the bearish sentiment for gold UBS analyst Joni Teves on Monday cut the Swiss bank's one-month gold forecast by 13% to $1,050/oz, with the key driver lower a possible interest rate rise in the US.
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totalled 31.11 million barrels per day (b/d) in May, up 180,000 b/d from April and the group's highest monthly volume since October 2012, according to the latest Platts survey of OPEC and oil industry officials and analysts.
Peru is the world's third-largest copper, zinc and tin producer, it is the second-largest producer of silver and fifth-ranked gold producer. via Peru's copper, gold, zinc production rises, silver falls in April - Metals | […]
Looking at current trends Barclays analysis suggests that India's physical gold demand is likely to be subdued going forward, unless there's a correction in local prices, the bank said Monday.
Gulf of Mexico Reserves Open to Private Exploration & Production for First Time Since 1938
Workers at Europe's largest coking coal miner Jastrzebska Spolka, Weglowa returned to work Monday after union leaders suspended a strike following a statement by the company's CEO that he would resign if they did so.
ENAMI, Chile's mining-development agency, will buy copper from small mines at above the market price to protect operations from closure.
The seaborne iron ore market finally gained Friday after a steady period of weakening, tracking a small flow of buying interest ahead of Chinese holidays and a slight boost in steel prices.
The US government said it will appeal a federal district court's March ruling that found Arch Coal's Spruce No. 1 surface mine permit in Logan County, West Virginia, was valid.
Precious metals production at the Sudbury, Canada, operations for Brazilian diversified mining giant Vale plummeted in the first quarter, the company said Wednesday.
Heavy rainfall in the last 48 hours has caused significant disruption at several coking coal mines in the Moranbah region of the Bowen Basin, in Australia's Queensland, market sources said Tuesday.
Russian steel and mining company Mechel has completed the 321 km rail track linking its Elga coking coal mine, which sits one of the world's largest coking coal deposits, to the main Siberian rail network, the company said in a statement late Wednesday.
Chile will produce 5.5 million mt of copper next year as new operations enter production, the country's national mining association SONAMI said Tuesday.
Deadly accidents at US surface coal mines in Ohio and Virginia have claimed two workers in the past two days.
India's leading aluminum and copper producer Aditya Birla Group confirmed Thursday that it has officially expressed an interest in bidding for Australian coal miner New Hope.