Silver Mining News

East Africa Metals and Luck Winner fail to agree on Ethiopian projects financing

“Despite the best efforts of both parties, negotiations failed to define a viable transaction," management said in a media statement.

Calls for gold exploration on Warwick Mountain delayed

The 30,000-hectare terrain between Earltown, Tatamagouche and Wentworth is considered to have potential for the development of multiple gold mines.

Grizzly wants to buy Robocop

Robocop is comprised of five mineral claims totalling 9,891 acres north of the Canada-US border.

Kinross closer to making decision on reopening gold mine in Chile

Operations at La Coipa mine, located in in northern Chile, were halted in 2013, when the targeted orebody run out of riches.

Aura Minerals wants to reactivate projects under care and maintenance

The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.

Lundin closes $400-million financing to complete Ecuador gold project

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.

Hecla Mining sues Montana after told to clean up before starting new projects

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.

SolGold on a roll, confirms major copper-gold target at Ecuador project

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.

Mexican environment officials visit mine following cyanide spill

Some 200 litres of cyanide solution were released into the environment.

Condor Gold raises £2.5 million as 2017 loss narrows

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.

Goldman Sachs no longer one of top three commodities banks

Last year Goldman's commodities business posted one of its worst results on record.

Workers at Idaho’s Lucky Friday mine have been on strike for 370 days

Workers marched on Saturday in Mullan, Idaho, to commemorate the one-year anniversary of the strike.

Egypt’s sole gold-exporting mine reports high profits

January profits for the Sukari gold mine are making headlines in the country.

Three tonnes of dore bars strewn across runway at Russian airport

Dore bars fell from the sky.

Canadian miner could reopen centenary Idaho mine

Toronto-based Bunker Hill Mining Co. would consider reopening its namesake mine on a limited basis by the end of the year.

Pinochet’s son mining permit application causes controversy in Chile

The Mayor of the city of Quilpué rejected the proposal.

Anti-corruption body asks Rio for Oyu Tolgoi-related info

Request relates to an investigation about possible abuse of power by authorized officials during negotiation of the 2009 Oyu Tolgoi investment agreement.

Teck restarts Elkview dryer, to lose 200,000 tonnes of coal production

Company expects to lose about 200,000 tonnes in steelmaking coal output.

Guatemala delays ruling on Tahoe’s Escobal mine reopening

Constitutional Court has requested additional information.

How vanadium-coated smart glass saves energy

Smart glass windows made with vanadium are capable of saving more energy by stopping thermal radiation from escaping, scientists say.

Gold stocks & silver oversold but not gold

The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation.

Swedish Boliden innocent in Chile toxic waste dump case — court

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.

South Kalgoorlie gold mine sold to Northern Star for $62.6 million

The acquisition comprises the project’s operating processing facility and 800 square kilometres of Prospective Gold tenure.

BC mining and exploration sees resurgence after years of stagnation

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.