Silver News

Silver mining, investment and price news

Over 12,000 children rescued from illegal gold mines in Tanzania

Cecilia Jamasmie | June 30, 2015
Over 12,000 child workers rescued from illegal gold mines in Tanzania

The country bans child labour in mines, but critics say the government has not done enough to stop illegal operations from exploiting minors.

Copper price falls as Chile brings over 500,000 tonnes in line

Cecilia Jamasmie | June 30, 2015
Copper price falls as Chile brings over 500,000 tonnes in line

Production of the industrial metal jumped up 7.8% in May, when compared to April’s figures,despite dwindling ore grades in several of the country's aging copper mines.

New Silvertip Mine in northern B.C. set to start construction

MINING.com Editor | June 29, 2015
british_columbia map shutterstock

About 200 jobs.

Cecilia Jamasmie

Rocket explosion a fresh blow to asteroid mining ambitions

Cecilia Jamasmie | June 29, 2015
Rocket explosion a fresh blow to asteroid mining ambitions

Sunday's fiasco was the third major failure for America's commercial space industry in less than a year.

BHP tipped as favourite in race for Barrick’s Zaldivar mine in Chile

Cecilia Jamasmie | June 29, 2015
BHP tipped as favourite in race for Barrick’s Zaldivar mine

BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.

Market Report: Greece and short positions

GoldMoney | June 28, 2015

Hedge funds and high-frequency traders have finally forced gold into a US dollar loss this year as shown in our introductory chart, but silver is still in positive territory.

Sailing against the wind

Explorers and miners are facing relentless headwinds. Progress is not easy. But despite it all, there are companies out there making headway against the tide.

Dismal state of TSX-V in two crushing graphs

Frik Els | June 25, 2015
Dismal state of TSX-V in two crushing graphs

Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.

China readies to launch yuan gold fix before year-end

Cecilia Jamasmie | June 25, 2015
China readies to launch yuan gold fix before year-end

While details remain unknown, it is believed the fix would be launched via the Shanghai Gold Exchange, the world's biggest physical bullion exchange.

Behind Latin America’s anti-mining protests: water concerns

World Politics Review | June 25, 2015

Mining conflicts are intensifying across Latin America, with 218 mining projects embroiled in conflicts with 312 communities—including six conflicts spanning national borders—from Mexico to Argentina.

BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

Cecilia Jamasmie | June 25, 2015
BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

The cuts at the Adelaide support office for the Olympic Dam operations come about six months after BHP scrapped about 90 permanent positions and 210 contractor jobs.

The forgotten history (and potential future) of silver as money

Money Metals Exchange | June 24, 2015

Even among staunch sound money advocates, the historic role of silver as money is often marginalized or ignored altogether.

Chile may revoke Teck’s copper mine permit over environmental breaches

Cecilia Jamasmie | June 23, 2015
Chile may revoke Teck’s copper mine permit over environmental breaches

Teck is facing sanctions over infractions that include openings in the deposit where the ore is stored and a failure to build sufficient water infrastructure.

Seafloor – the new frontier

CSIRO | June 22, 2015

The mineral riches of the world’s ocean floor are an emerging frontier for mineral resources and innovative new mining technologies.

Zijin goes after Aussie gold miner in overseas buying spree

Cecilia Jamasmie | June 22, 2015
Zijin goes after Aussie gold miner in overseas buying spree

The Chinese firm already mines gold next door to a Phoenix deposit.

Heavyweight enviro group targets world's largest gold project

Frik Els | June 18, 2015
Heavyweight green group targets world's largest gold project

Seabridge's KSM project in BC, world's largest undeveloped gold deposit, comes under attack from non-profit founded by Sierra Club chairman.

Gold at a three-week high

Michael Allan McCrae | June 18, 2015
gold at three week high silver

Silver gains as well.

Mick Davis outbid

Frik Els | June 17, 2015
Mick Davis bids for Anglo's Chile mines

X2 Resources still in race for Anglo's mines but "couldn't make the numbers work" for Barrick's Zaldivar with seven firms outbidding the $5 billion fund.

Visual Capitalist

INFOGRAPHIC: Every Chinese overseas investment over $100m visualized

Visual Capitalist | June 17, 2015
China's stake in rare earths market shrinking

Showing over 1,250 attempted transactions, this list includes both successful and failed attempts in order to visualize the ebb and flow of Chinese investments up until mid-2014.

Congo mulls suspending Ivanhoe's Kamoa stake sale to Zijin

Cecilia Jamasmie | June 17, 2015
Congo mulls suspending Ivanhoe's Kamoa copper venture sale

It also plans to review the legal status of the joint venture, while it negotiates with Ivanhoe to raise its stake to 20% from the current 5% it holds.

Goldcorp sells off 26% stake in Tahoe to raise cash

Cecilia Jamasmie | June 17, 2015
Goldcorp sells off 26% stake in Tahoe to raise cash

The news came on the same day Royal Bank of Canada downgraded Goldcorp’s stock to “sector perform” from “outperform,” citing concerns over the miner’s ability to continue paying its monthly dividend.

The world’s top 10 gold mines

Vladimir Basov | June 16, 2015
Blockade lifted at Freeport Grasberg mine in Indonesia

Together these giant gold operations produce more than 10 million ounces per year.

Mining industry inertia will come at a price

Frik Els | June 16, 2015
Mining industry inertia will come at a price

PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.

Chris and Michael Berry: What the boomers got wrong—and right—about natural resource investing

The Gold Report | June 16, 2015
Mining companies lead surge in Canadian IPO market in Q4

The Gold Report, quizzed Chris and Dr. Michael Berry, authors of the Disruptive Discoveries Journal, on how investing has changed over the years in the gold, silver, niche metals and energy space, and what they are investing in today to make sure they survive to see the next cycle.

NGOs question Nautilus Minerals report on seafloor mining ‘minimum’ impacts

Cecilia Jamasmie | June 16, 2015
NGOs question Nautilus Minerals report on seafloor mining ‘minimum’ impacts

They are calling the company's shareholders “not to pay the price of ignorance” when it comes to investing in the Solwara 1 deep sea copper, gold mining project in Papua New Guinea.

Agnico Eagle may expand Nunavut exploration after striking 'promising' gold vein

Cecilia Jamasmie | June 15, 2015
Agnico Eagle may expand Nunavut exploration as it strikes gold vein

The miner continues to extract high-grade ore samples at its Amaruq deposit, near its Meadowbank asset, Nunavut's only fully operational gold mine.

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