Hochschild Mining Plc on Wednesday raised its annual output target and forecast lower mining costs, as its Inmaculada mine in Peru produced higher grade ore.
Silver Mining News
First production from the $5.3 billion underground expansion of Oyu Tolgoi was originally scheduled for early 2020.
The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.
Golden Dawn Minerals, KG Exploration Inc. and GGX Gold Corp. are among the companies setting foot in the area.
A new gold-silver alloy was created with the idea of lightening the load and enhance the power of devices used by soldiers.
The operation was put on hold in 2013 due to environmental issues, political opposition, labor unrest and development costs that ballooned to $8.5 billion.
Darren Blasutti, President and CEO of Americas Silver says interest in the sector is picking up and that his company’s recently announced acquisition of Pershing Gold is a good example of that.
The proposed a 147.2-hectare underground gold and silver mine is expected to produce 1,000 tonnes of ore per day.
Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.
The miner now expects to produce 480,000 ounces of gold, down from a range of 505,000 to 515,000 ounces it estimated in May.
The mine was the third largest zinc mine in the world prior to its closure in 2016.
Americas silver and Pershing gold to merge to create a low-cost, precious metal growth company in the Americas.
Mine personnel are securing the area and working with state and federal authorities to investigate the situation.
White Gold's partners are Agnico Eagle Mines Limited (NYSE:AEM) and Kinross Gold Corp (NYSE:KGC).
Gold and silver are finally getting the haven-demand boost that trade wars and Brexit couldn’t provide.
Peru has the potential to overtake Chile to become the world’s biggest copper producer, but it’s being held back by a lack of infrastructure and a ten-fold increase in permitting in the last seven years
Changes to an existing provincial law propose a new Special Mining Rate.
Mitsui Mining and Smelting Co Ltd plans to produce 114,600 tonnes of refined zinc during October-March in the 2018/19 financial year.
The recently-created Directorate for Mining Promotion and Sustainability will be in charge of identifying the regions with the mining highest potential.
The illegal action saw a group of locals spend seven days blocking the only access to the mine in protest for what they call “repetitive abuse” to community members and increasing pollution of their land and only water source.
The transaction includes the acquisition of three producing mines and an advanced stage project.
From focusing on copper and uranium in Saskatchewan, Forum now wants to work on extracting a wider array of minerals in the US.
Pumpkin Hollow goes into production next year, but the underground mine is only the first phase of a planned Nevada copper operation four times the size.
South Africa's National Union of Mineworkers (NUM) signed a three-year wage deal with AngloGold Ashanti, inking the same agreement that other unions reached with the company earlier in the week.