Could we be looking at another run in the zinc price like in 2017, when it spiked from $1.19 a pound to $1.61 within only six months (+35%)?
Silver Mining News
The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces.
Historical measured and indicated resource at the property are of 2.57 million tonnes at a grade of 117 g/t Ag for a silver resource of 9.63 million ounces.
Yamana Gold’s stock was up 4.65% in after hours trading.
The optionee must spend $4 million on exploration, pay Casa $550,000 and issue Casa 2.5 million shares in yearly stages.
The company intersected high grade silver and gold mineralization along a 1.5 km strike length at Babi Sur.
Yauricocha's reserves are, in the proven category, 1.8 million tonnes and a little over 7 million tonnes in the probable category.
A surge in metallurgical coal output and stronger commodity prices helped boost its bottom-line.
SilverCrest is “an attractive takeout candidate for a mid-tier gold and/or silver producer.”
The company proposed a total shareholder payout of 13 crowns per share, composed of an ordinary dividend of 8.75 crowns and an extra payment of 4.25 crowns through an automatic share redemption.
In the previous year, Russia's gold output was 306.9 tonnes and silver output 1,044.3 tonnes.
Peru's environmental regulator OEFA has concluded that mining waste from the company's Cuajone mine did not spill into a river during heavy rains last week.
The company said that any potential restart would be dependent on market conditions.
Canada’s largest diversified miner saw its quarterly profit drop 41.5 % from the year earlier, amid lower prices for copper, zinc and oil.
Osisko Metals considers the exploration potential to be high both at Key Anacon and adjacent properties it owns.
The target is on the company’s flagship Tatogga property near Iskut in British Columbia’s Golden Triangle.
Gold stocks have to do more to confirm they are in a new bull market.
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.
Drilling at Dukes Ridge in 2018 returned a best assay of 52 g/t gold and 846 g/t silver over 3 metres within a larger interval of 33.52 metres that graded 5.8 g/t gold and 128.7 g/t silver.
The overall grade for the bulk sample is estimated to be 20 g/t gold.
The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.
According to the industry group, such reform would encourage additional investment in capital and technology.
Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.
The indicated resource totals 7.6 million tonnes grading 117 g/t silver, 0.5% zinc and 0.3% lead.
Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.