“Despite the best efforts of both parties, negotiations failed to define a viable transaction," management said in a media statement.
Silver Mining News
The 30,000-hectare terrain between Earltown, Tatamagouche and Wentworth is considered to have potential for the development of multiple gold mines.
Robocop is comprised of five mineral claims totalling 9,891 acres north of the Canada-US border.
Operations at La Coipa mine, located in in northern Chile, were halted in 2013, when the targeted orebody run out of riches.
The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.
Lundin has been developing Fruta del Norte for over a year, following an agreement with Ecuador’s government allowing the miner to move ahead with the gold project, the country's biggest.
The state’s "bad actor" law has only been used once before, and Hecla’s president and chief executive officer, Phillips Baker is the first top executive at a large company to be scrutinized under it.
Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.
Some 200 litres of cyanide solution were released into the environment.
The Nicaragua-focused miner has not generated any revenue in the past two years, but narrowed pre-tax loss to £3 million in 2017 from £7.7 million a year earlier.
Last year Goldman's commodities business posted one of its worst results on record.
Workers marched on Saturday in Mullan, Idaho, to commemorate the one-year anniversary of the strike.
January profits for the Sukari gold mine are making headlines in the country.
Dore bars fell from the sky.
Toronto-based Bunker Hill Mining Co. would consider reopening its namesake mine on a limited basis by the end of the year.
The Mayor of the city of Quilpué rejected the proposal.
Request relates to an investigation about possible abuse of power by authorized officials during negotiation of the 2009 Oyu Tolgoi investment agreement.
Company expects to lose about 200,000 tonnes in steelmaking coal output.
Constitutional Court has requested additional information.
Smart glass windows made with vanadium are capable of saving more energy by stopping thermal radiation from escaping, scientists say.
The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation.
Swedish court has ruled that local miner Boliden won’t have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile.
The acquisition comprises the project’s operating processing facility and 800 square kilometres of Prospective Gold tenure.
The survey found that exploration expenditures across BC totaled $246 million in 2017, up $41 million (20%), from the year before.
Puma Exploration and Trevali Mining Corporation enter into strategic development and exploration alliance
Puma Exploration announced the signature of a non-binding Letter of Intent with Trevali Mining Corporation for the development of the Murray Brook Deposit.