Silver News

Silver mining, investment and price news

Aggressive cost-cutting boosts silver miner Hochschild core profit

Cecilia Jamasmie | August 20, 2014
Aggressive cost-cutting boosts silver miner Hochschild core profit

Increased output from its mines in Peru and Argentina also helped the company slash first-half interim loss.

Mexican mining company lied on spill: government

Cecilia Jamasmie | August 20, 2014
Mexican mining company lied on spill: government

Authorities said Grupo Mexico lied about a spill of 40,000 cubic meters of acids and heavy metals that contaminated two rivers and a dam in the northern state of Sonora.

Travis McPherson - CEO.ca

The jewel of the Billiton spinout

Travis McPherson - CEO.ca | August 20, 2014
jewel of billilton spinout feat

World's largest primary silver mine by annual production is BHP Billiton's.

INFOGRAPHIC: Best, brightest CEOs in mining

Visual Capitalist | August 20, 2014
CEOs in mining feat

Who were the top earners in 2013?

Potash prices, oversupply scaring potential Jansen partners: BHP

Cecilia Jamasmie | August 19, 2014
Potash prices, oversupply scaring potential Jansen partners: BHP

Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.

Gold Fields sells majority stake in Peruvian project to Buenaventura

Cecilia Jamasmie | August 19, 2014
Gold Fields sells majority stake in Peruvian project to Buenaventura

The Peruvian firm will develop the deposit as an underground mine, instead of as an open-pit project.

Not just the smart money getting into gold

Frik Els | August 19, 2014
Not just the smart money getting into gold

ETF buyers pick up more silver and gold as large investors increase bullish bets 28% and billionaire George Soros doubles his money in gold stocks.

BHP shares hammered on demerger, profit miss

Frik Els | August 19, 2014
BHP shares hammered on demerger, profit miss

World's number one miner hopes to save $3.6 billion spinning off aluminium, coal, manganese, nickel and silver assets into new company.

Rio Tinto weighs stake in closed Papua New Guinea copper mine

Cecilia Jamasmie | August 18, 2014
Rio Tinto weighs stake in closed Papua New Guinea copper mine

The miner is reviewing all options on its 53.83% stake in Bougainville Copper, the operator of its Paguna mine, which has a potential gold and copper resource worth over $60 billion.

Sprott introduces new and improved gold ETF

MINING.com Editor | August 18, 2014
John Ciampaglia

Taking on the Market Vectors Gold Miners ETF.

New silver fix procedure from today

GoldMoney | August 18, 2014
New silver fix procedure from today

A welcome advance on the old silver fix.

Silver to wait for gold to give direction – Phillips

mineweb - daily news headlines | August 16, 2014

The silver price is more cautious and tending to slip as it waits for the gold price to give it direction, says Julian Phillips.

VIDEO: 117-year old London silver fix ends

Frik Els | August 15, 2014
VIDEO: 117-year old London silver fix ends

But participants setting benchmark price for $5 trillion market still not known.

No end in sight for Centamin legal fight over gold mine in Egypt

Cecilia Jamasmie | August 14, 2014
No end in sight for Centamin legal fight over gold mine in Egypt

An appeal case on the company’s right to mine in Egypt is seen taking until next year to resolve.

New York court to rule on most London gold fix lawsuits

Cecilia Jamasmie | August 14, 2014
New York court to rule on most London gold fix lawsuits

The 18 cases will be sent to U.S. District Judge Valerie Caproni in Manhattan, who has already been overseeing a putative class-action against the five banks that make up the fix.

Western gold jewelry buyers come roaring back

Frik Els | August 14, 2014
Western gold jewelry buyers come roaring back

Q2 study shows decline in global gold demand, but US and UK jewelry buying surges and central banks add to holdings for a 14th straight quarter.

Imperial Metals evicted by B.C. First Nation

Jeffrey Richmond | August 13, 2014
imperial metals evicted from b.c. first nation's land feat

Band cites Mount Polley disaster in rejecting mine development.

Mexican copper mine 'too slow' to report spill

Cecilia Jamasmie | August 13, 2014
Mexican copper mine too slow to report spill: authorities

Grupo Mexico has denied reports claiming it did not immediately report a massive acid spill from its Buenavista mine in the country's north.

First Majestic Silver profit up, but below estimates

Cecilia Jamasmie | August 13, 2014
First Majestic Silver profit up, but below estimates

Output at the company's mines reached a record 3,855,223 silver equiv. oz., up 6% from the previous quarter.

U.S., Canada and Latin America the cheapest regions to mine gold: report

Cecilia Jamasmie | August 13, 2014
u-s-canada-and-latin-america-the-cheapest-regions-to-mine-gold-report

A case in point: AngloGold Ashanti's Americas division produced gold at $765 per ounce, almost $100 an ounce less than its South African operations.

Oyu Tolgoi feasibility study won't have financials or schedule

Frik Els | August 13, 2014
Oyu Tolgoi feasibility study won't have financials or schedule

Talks ahead of September 30 funding deadline continue and feasibility study for $5bn expansion of Mongolia mine almost complete, but huge gaps remain.

Chris Thompson: Gold and silver miners that can make money now

The Gold Report | August 13, 2014
Gold and silver miners that can make money now

"My view is that it's all about real return."

Protesters slam Imperial Metals over Mount Polley

Jeffrey Richmond | August 12, 2014
rally slams imperial metals over mount polley disaster feat

"We have two once pristine lakes that are now Imperial Metals tailings ponds."

Mexico copper mine spill pollutes water supplies 40 km from U.S. border

Cecilia Jamasmie | August 12, 2014
Mexico copper mine spill pollutes water supplies 40 km from U.S. border

While Canada and the U.S. look at Mount Polley disaster's aftermath, another big spill has contaminated rivers a bit further south.

Participants in new silver fix ‘unclear’ three days before it goes live

Cecilia Jamasmie | August 12, 2014
Participants in new silver fix ‘unclear’ three days before it goes live

No bank has publicly stepped forward to say they will be involved in the new silver benchmark.

AngloGold Ashanti to keep cutting costs, jobs

Jeffrey Richmond | August 11, 2014
AngloGold Ashanti to keep cutting costs, jobs

Firm also working to restructure Obuasi mine in Ghana.

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