Silver Mining News

Are we or are we not in a new gold bull market?

Technical analyst Jack Chan has examined the charts and says that if we are in a new bull market, prices in both gold and gold equities should begin to pull back and consolidate soon.

This chart shows actual China GDP growth highest since 2014

Few trust official Chinese growth numbers, but new research shows activity across a wide section of the economy accelerated sharply in the first quarter.

Silver price jumps to near one-year high

The closely-followed gold-silver ratio points to $20-plus and fundamentals of dwindling mine supply and growing industrial demand underpin rosy outlook.

Barrick ‘is back’ chairman Thornton tells shareholders

Barrick Gold has reduced its debt load, reshuffle management and sold several assets.

Madness in the Crimex trading pits. . .

Precious metals expert Michael Ballanger discusses effects of the Bank of Japan's actions on the U.S. dollar, silver and gold.

Teck Resources posts better-than-expected profit as costs drop

Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.

Barrick Gold swings to quarterly loss, but trims debt further

The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.

Emerging trends in the mining industry

Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.

Barrick’s fourth CFO in five years may be what shareholders were waiting for

Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.

CAT chairman pours cold water on mining rally

"It is not clear at this time that the current prices are either sustainable or sufficient".

Chart: The march of the zombie miners continues

It was just over a year ago that Tony Simon, President of Seguro Consulting, brought to our attention the initial problem of the zombie miners (definition referred to mining exploration companies that had negative working capital and therefore did not meet the Continuous Listing Requirements (CLR) for the TSX and TSX-V stock exchanges).

Silver’s new bull market

Speculators and investors alike are returning as awareness spreads of how radically undervalued silver is compared to prevailing gold prices.

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

All hail the mighty silver bugs…

Precious metals expert Michael Ballanger examines silver's recent moves upward.

Newmont Mining investigating bribery allegations

The gold and copper miner didn’t specified where the alleged misconduct took place.

Jonathan Wellum: Investment Manager says average person has ZERO exposure to precious metals; that will change

Central banks want to debase our money. And if asset prices were to come down significantly it would wipe out the entire banking system.

Silver plays catch up with gold — hits 11-month high

Increasing interest from hedge funds and Chinese buyers are driven the metal to its biggest monthly rise since January 2015.

What is the COMEX futures & options market really all about?

All of us follow COMEX in New York and assess the ‘net speculative long position’ there, so as to see the actual weight of opinion on the gold price.

China launches yuan gold fix in bid to gain more influence in metal pricing

It is set twice a day based on a few minutes of trading by 18 trading members,

Hedge funds have never been this bullish on silver

Managed money futures speculators' bullish positioning reaches 9,575 tonnes silver, highest level since at least 2006, when data were first collected.

DMCC and Silver Group sign memorandum to drive commodities trade in China

DMCC, the Government authority on trade, enterprise and commodities in Dubai, announced today its signing of a Memorandum of Understanding (MoU) with the leading Chinese silver producer China Silver Group Limited in Shanghai.

Community opposition forces Newmont to abandon Conga project in Peru

The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).

Deutsche Bank silver settlement: GATA vindicated

At 7:09 last evening, it was reported that "Deutsche Bank to settle U.S. silver price fixing litigation," which is a staggering admission of that very criminality of which I have been ranting, writing and opining for years now.

Apple got $40 million in gold from recycled iPhones last year

Thanks to its innovative program that uses robots to recover the valuable parts from the millions of Apple devices discarded every year.

Afghan mineral wealth being looted by strongmen, experts say

Afghanistan has reserves of coal, copper, iron ore, zinc, mercury, rare earths, gems such as rubies and emeralds, gold and silver worth about $3 trillion.