Silver Mining News

Peru leader seeks to rebuild trust in graft-hit political class

Underpinning investor confidence are the country’s vast mineral riches.

Ivanhoe Mines secures full financing for first two mines in Congo

Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef Project in South Africa.

White Metal to purchase four copper properties in Namibia

The licenses the miner is acquiring cover historical copper-silver resources in the Kalahari Copper Belt and the Kaoko Belt.

Turquoise Hill’s role in Oyu Tolgoi-related decisions may change this week

SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill is expected to vote against the re-election of the Canadian miner’s board members this week.

Canada Cobalt Works doubles size of Castle mine land package

The company added 4,800 hectares to the mine site by signing a deal with a local prospector and through staking.

Lundin Gold says Fruta del Norte on track for Q4

The Vancouver-based company says its flagship gold and silver mine in northern Ecuador is 59% complete.

Southern Silver increases mineral resource at Mexican project

The increase in the indicate category equates to 134 million ounces silver equivalent or 2.0 billion pounds zinc equivalent.

Alexco posts $1.2m net income in Q1

In the same quarter last year the company recorded a loss of $3.6 million.

Mining exploration in Mexico hits 12-year low

Foreign and local companies invested about $383 million exploring in Mexico in 2018, down 37.4% from the $612 million injected into the economy in 2017.

Profile: Pan American Silver CFO's big mergers and acquisitions

2019 BC CFO Awards winner led financing that doubled the company’s silver assets overnight.

Kinross mulls options to resume long-term operations in Chile

The Canadian miner may soon make a decision about returning to long-term production in Chile.

EnGold extends mineralization at Lac La Hache

Sampling has returned gold values of 40.6, 57.6 and 96.1 g/t.

Massive base metals mine in Myanmar to start production in 2021

Bawdwin will be the world’s No. 3 producing lead mine and the tenth largest silver operation. It’s also set to become a significant zinc producer.

Miner Boliden Q1 core profit tops forecasts

Operating profit fell to 2.05 billion Swedish crowns from 2.72 billion a year earlier, beating the 1.99 billion seen by analysts in a Reuters poll.

Rio Tinto speeds up exploration at Winu copper find in Western Australia

Rio has so far drilled 24 holes at the site and will continue extensive drilling in months to come as part of its $250 million exploration program.

Hudbay Minerals settles board battle with shareholder Waterton

Canadian miner will elect 11 nominees of Waterton Global Resource Management, its second largest shareholder, as part of the settlement that ends a long-dragged out battle over control of Hudbay.

Minaurum doubles size of Alamos silver project in Mexico

The Vancouver-based miner boosted the project to 37,000 hectares and discovered four new veins.

Gold Fields acquires 16% stake in Chakana Copper

One of the largest gold mining companies in the world has taken a shine to Chakana Copper and its Soledad project in Peru.

Ridgestone Mining finds two types of mineralization at Mexican gold-copper project

Rebeico sits on Mexico’s famed Sierra Madre Gold belt, credited with production of over 80 million ounces of gold and over 4.5 billion ounces of silver.

Rockridge hits high grades at Knife Lake

The Knife Lake property was extensively explored from the late 1960s to the 1990s, with the last documented work program completed in 2001.

Societe Generale resigns as London gold and silver market maker

SocGen said this month it would cut 1,600 jobs to boost profits after poor performance last year and exit over-the-counter commodities trading.

Tower Resources starts exploration program at Nechako gold project in BC

The Vancouver-based miner said the Nechako Au-Ag-Zn-Pb-As dispersal train is similar in size and strength to known trains from some of Canada's largest gold deposits.

ePower Metals wants to acquire historic Mexican gold mine

To complete the transaction, the company has to secure C$6 million in financing.

Still a way to go to achieve gender balance in the mining industry

According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.

Argentina expects $29B in mining investments in 2019

Mining has become the sixth most important sector when it comes to exports.