Silver Mining News

10 mines still making good money if the gold price falls 50%

The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.

Gold, silver prices at 15-week highs as Trump trade unwinds

Precious metals erase nearly all post-election losses – silver price enjoys longest weekly winning streak in more than a decade.

Pan American Silver boss just gifted $4 million to the Canadian Museum of Nature

The donation by the company's founder Ross Beaty aims to enhance the museum’s national research and collections that are focused on species discovery.

Mining exploration spending drops to 11-year low

Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.

Caterpillar touts automation solutions as top miners swing back to profit

The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.

CHART: Hedge funds diverge on gold, silver price

Large scale precious metals futures speculators push bullish bets on silver to 20-week high while exposure to gold continues to be cut.

Agnico Eagle looking at hovercrafts to explore Meadowbank

The owner of Canada's coldest mine is hoping to reach another milestone with an unusual piece of exploration equipment.

Zinc, lead rally bad news for silver price

Silver is mainly a byproduct of zinc, lead (and copper) mining and capacity coming back on stream could see return of silver's chronic oversupply issues.

World's largest gold project bulked up again

Shares in Seabridge Gold jumps after Toronto company adds 3m ounces gold and 2.1bn pounds copper resources at its KSM project in northern British Columbia.

Canada losing ground as mining investment destination

Report by the Mining Association of Canada (MAC) says the country is not in a good position to benefit from the increasing number of companies ready to make new and significant investments.

Here's the latest scoop on Barrick's projects

The company is focusing on assets with the potential to add as much as 1.1 million ounces of gold to its total output beyond 2021.

Teck swings to profit in Q4 but misses expectations

The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.

Barrick Gold to headline Unearthed mining hackathon event in Toronto

Canadian tech startups, entrepreneurs and innovators will have a unique opportunity to create the next generation of technologies for the mining industry at the first Unearthed hackathon in Toronto.

Striking workers at BHP’s Escondida mine accept Gov’t mediation

The meeting is not a return to mediation but an attempt to agree to return to the negotiating table, the union said.

Gold miners hammered by metal’s biggest one-day loss this month

Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.

Newcrest doubles first-half profit, to pay divvy

The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.

McEwen Mining keeps growing, buys exploration junior Lexam VG

The proposed friendly acquisition will give McEwen access to advanced exploration stage properties located in the heart of Timmins Gold Camp, northern Ontario.

Chinese race to grab Barrick’s stake in Super Pit hits roadblock

Minjar Gold is still waiting for Chinese regulatory clearance and hasn’t been able to secure funding for the $1.3 billion deal.

These are just 15 ways in which graphene could reshape the world

Everybody seems to love Graphene, the one-atom-thick sheets of carbon that aren't just super flexible, harder than diamond, and stronger than steel, but are also able to conduct electricity better than copper.

Canadian mining companies dominate 2017 OTCQX Best 50 ranking

The #1 ranked company was Cordoba Minerals Corp, a Toronto-based mineral exploration company, which had a total return of 466%.

Talks between BHP, Escondida workers to resume as Gov’t steps in

The company's request for government mediation effectively extends talks and pushes back the start of a potential strike to Feb. 13.

CHART: Mining rally continues into 2017

Seaborne coal, tin prices are the big exceptions.

Did this financier just call the end of the mining rally?

Private equity firm Orion selling $1 billion worth of royalty, streaming and offtake assets covering gold, silver, base metals and diamonds.

Endeavour Silver appoints new Vice President, Operations and Country Manager, Mexico

Endeavour Silver Corp. announces the appointment of Tomas Iturriaga Hidalgo as its new Vice President, Operations and Country Manager for Mexico, effective February 2, 2017.

Here’s what miners should expect and do in 2017

While companies face different outlooks and challenges depending on the commodity they mine and their size, Deloitte says they should all should be looking for the answer to one common question — “Going forward, where should we play and how can we win?"