Silver Mining News

Argentina’s new government scraps mining taxes

President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.

Glencore to sell gold and silver to Franco-Nevada in $500 million deal

Only a day after announcing the deal, Franco-Nevada increased the size of the financing by 45%, citing “strong demand.”

Tahoe may go after Goldcorp’s assets in Ontario — report

Tahoe Resources' founder and executive chair Kevin McArthur said the operations present "nice synergies".

India hikes import tariffs on gold and silver

Move is a fresh attempt to curb costly imports and stop precious metals from being used to hide billions of dollars of undeclared "black money".

Government throws lifeline to BC mines

The B.C. government is throwing the mining industry an emergency lifeline in the form of deferred electricity bill payments that could be worth more than $300 million.

Colombia bans mining in country’s vast moorlands

Mining in the area of the Andes mountains right above the continuous tree line had been prohibited since 2011, but concessions granted before such ban had continued to date.

The anatomy of a mine site visit

Canarc Resource Corp (TSX:CCM) - site trip - mucho potential at El Compas

Joe Reagor's equity picks for patient pickers

Reagor outlines types of companies he prefers and pairs those with names that patient investors could parlay into promising profits.

Tahoe Resources adds Canadian gold mines to portfolio by buying Lake Shore

Tahoe Resources has agreed to buy Canadian precious-metals miner Lake Shore Gold in an all-stock deal valued at Cdn$945 million ($678 million).

It's time to buy mining stocks, says Ross Beaty

Mining financier and entrepreneur Ross Beaty told an audience at the Vancouver Resource Investment Conference in late January that it’s a “phenomenal” time to buy resource stocks.

European consortium launches Blue Nodules project

On 1 February a European consortium launched a new Horizon 2020 project: Blue Nodules. This project addresses the  challenge of  creating a  viable  and  sustainable value  chain to  retrieve polymetallic nodules from the ocean floor. […]

Milbank chooses Oyu Tolgoi as the mining deal of the year

During the PFI Awards Dinner held in London on Feb. 3.

The sub-mine crisis of 2016

The collapse of the global resources stock market capitalization will have severe consequences.

Luxembourg joins race to conquer space mining

The move comes only three months after U.S. President Barack Obama signed a space exploitation law.

Nautilus takes delivery of Seafloor Production Tools

Nautilus Minerals Inc. announces that the Solwara 1 Joint Venture (comprising Nautilus 85% and Eda Kopa (Solwara) Limited 15%) has taken delivery of the three Seafloor Production Tools (“SPTs”) from Soil Machine Dynamics Limited’s facility in Newcastle upon Tyne.

The silver fix may have its days numbered

The benchmark has settled outside the same day’s spot trading range, at least 10 times in the last six months.

THEnergy review of the Energy and Mines Summit in London

More than 200 delegates from the mining, renewable energy and finance sectors attended this event.

Driest mines in North America

Some of the mines on this list get less than 100 mm of precipitation per year.

Where’s the silver lining? Metals market airs concerns over global benchmark process

The jury is well and truly out on whether or not it is the fault of the system, or just another headache embedded by over-regulation.

Endeavour Silver to slash 2016 output by over 25%

The cut-back should help the miner lower all-in sustaining costs of production and generate free cash flow.

US Mint bullion-coin sales 4

Recent years have seen countless claims that gold and silver prices have to head far lower, implying demand is low or supply is high. But the actual data continues to prove this false, showing precious-metals bearishness is rooted in sentiment and not fundamentals.

Caterpillar sees no signs of mining improvement

Quoting levels "very low" and machines already sold are not being put into service by mining companies.

CHARTS: Chinese supercycle can't be repeated

Mining hits a BRIC wall.

Antofagasta to lift copper output in 2016 after missing last year's target

The miner expects an output of 710,000-740,000 tonnes for 2016 as it ramps up production at its Antucoya and Centinela Concentrates mines, as well as from its share in Zaldivar mine, which co-owns with Barrick Gold.

Current mining downturn not a ‘normal’ one — Moody’s

The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.