Silver News

Silver mining, investment and price news

Peruvian police burns down entire illegal gold mine town

Cecilia Jamasmie | July 31, 2015
Peruvian police burns down entire illegal gold mine town

The action has triggered severe criticism, with many are accusing authorities of an excessive use of public force.

Investment silver demand draining COMEX vaults

MoneyMetals.com | August 3, 2015

If there are words to characterize the precious metals markets for July, it would be “divergences” and “shortages.”

Mining companies, regulators deathly silent after midnight raid on gold prices

MoneyMetals.com | July 31, 2015

Following a dramatic midnight raid on gold prices last week, Mike Gleason reached out to Chris Powell, Secretary Treasurer at the Gold Anti-Trust Action Committee to discuss possible gold price manipulation.

BMO's Andrew Kaip: The gold majors are back

The Gold Report | July 30, 2015

In this interview with The Gold Report, Kaip names two seniors as Sector Outperformers, and touts the virtues of a half-dozen undervalued near-term gold and silver producers.

Southern Silver reports on corporate matters

Marketwired | July 30, 2015

Southern Silver has granted shareholder Electrum Group the right to earn an indirect 60% interest in the Cerro Las Minitas property in Durango, Mexico

Peter Schiff - Euro Pacific Capital

The euro isn't dead

While the world can count dozens of important currencies, when it comes to top line financial and investment discussions, the currency marketplace really comes down to a one-on-one cage match between the two top contenders: the U.S. Dollar and the Euro.

Goldcorp slashes dividend 60% amid dire gold market

Cecilia Jamasmie | July 30, 2015
Goldcorp axes dividend

The company also said it will spend between $850 and $900 to produce an ounce of gold this year, less than its previous forecast of between $875 and $950.

Codelco resumes operations at Chuquicamata amid fresh road blockages

Cecilia Jamasmie | July 30, 2015
Codelco resumes operations at Chuquicamata amid fresh road blockages

A group of demonstrators, however, continued to block some access roads on Thursday morning, attempting to seize a bus that was heading to the nearby Gabriela Mistral mine.

Banks Island Gold pushes back against media reports

Michael Allan McCrae | July 29, 2015
banks island gold media reports

Not closing and the spill was not toxic.

Nautilus Minerals: Vessel dewatering plant detailed design contract awarded

Nautilus Minerals Inc. | July 29, 2015
Nautilus

Nautilus Minerals Inc. announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group.

Antofagasta cuts copper output forecast for the year

Cecilia Jamasmie | July 29, 2015
Antofagasta cuts copper output forecast for the year

This is the second time this year that the London-listed miner slashes its annual copper production guidance.

Codelco halts world's largest open pit copper mine over strike

Cecilia Jamasmie | July 28, 2015
Codelco halts world's largest open pit copper mine over strike

Things took a turn for the worse Friday, when a worker was shot dead by police near the company's smaller Salvador mine in northern Chile.

Inflation Deniers Emboldened by Gold's Struggles

MoneyMetals.com | July 27, 2015

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about the imminent demise of precious …

First Majestic announces friendly acquisition of Silvercrest Mines

First Majestic Silver Corp. | July 27, 2015
Silver bars

"Combined company with production of well over 20 million silver equivalent ounces per year"

Loonie headed to 75 cents by autumn:BMO

Business in Vancouver | July 27, 2015
biv loonie headed to 75 cents by autumn - bmo - 333

Canadians can expect the value of the loonie to drop even further this summer, reaching US$0.75 — or perhaps even lower — according to economists at BMO.

Underground gold miner limits production after pollution violation

Michael Allan McCrae | July 27, 2015
british_columbia map shutterstock

Banks Island Gold accused of pollution spills

Jordan Roy-Byrne – The Daily Gold

Gold miners nearing rebound

Taziast gold mine 333

As we pen this on Thursday evening it appears Friday could be a nasty day if Gold breaks below $1080/oz. Nevertheless, the odds now favor a rebound in the weeks ahead and especially in the gold miners.

New study: Costs of permitting delays to mining projects

National Mining Association | July 24, 2015
Colleen - Approved, permit, granted, seal of approval, stamped, permission granted 333

Study shows half of a mining project's value can be lost due to permitting delays.

US mining policy and global competitiveness

National Mining Association | July 24, 2015
Seven familiar names shortlisted to head Anglo American

Mark Fellows, director of metals consulting at SNL Metals & Mining, explains why permitting delays happen, what they’re costing our economy and how to fix it.

Coal slump hits Teck’s profit, output forecast

Cecilia Jamasmie | July 23, 2015
Coal slump hits Teck’s profit, output forecast

The Vancouver-based miner profit fell 21% in the quarter, making it adjust its 2015 coal production forecast to 25-26 million tonnes from 26.5-27.5 million tonnes.

Gabriel files for international arbitration against Romania

Market Wire | July 21, 2015

Dispute over Roşia Montană gold and silver project.

Tommy Humphreys

Four reasons a buying opportunity is fast approaching in gold

Tommy Humphreys | July 20, 2015
cadillac hearse gold

Is the coffin is closing for the long-term gold bull market?

Calibre Drilling intersects 19.2 metres grading 223.4 g/t Silver and 9.44 Metres Grading 488.6 g/t Silver on the Blag Gold-Silver Vein System, Eastern Borosi Project, Nicaragua

Market Wire | July 20, 2015

Drilling on the Main Blag Structure has intersected 5.37 metres grading 2.99 g/t gold and 31.6 g/t silver.

Jordan Roy-Byrne – The Daily Gold

Where is support for precious metals markets?

The gold miners have broken below their 2008 to 2014 support while Silver is essentially trading at a six year low.

Extremes become more extreme

GoldMoney | July 17, 2015
Gold and silver shining bright—hit three-month highs

On the New York Stock Exchange margin debt has hit all-time records at $500bn, roughly double that at the top of the dot-com bubble in 2000 when valuations rose to the highest ever recorded.

Planetary Resources' first spacecraft begins testing asteroid prospecting technology

Cecilia Jamasmie | July 16, 2015
Planetary Resources' first spacecraft begins testing asteroid prospecting technology

The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.

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