Silver Mining News

The fed, the dollar and precious metals

Interview with Brien Lundin - President of Jefferson Financial

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.

Greatland finds copper, silver and gold at Australia project’s Scallywag target

Precious metal minersaid the target represents "a high priority" for further exploration given its large size.

Wolverine Mine could be sold soon

The mine has been closed since 2015 after Yukon Zinc lost over $100 million in each of the three years it was in production.

Idaho reaches deal over abandoned silver-lead mine

The state may have a major cleanup ahead at the abandoned Triumph silver and lead mine.

New PEA suggests Ascendant could reduce operating costs at El Mochito

Ascendant is in the middle of a 30,000 metre infill drill program at El Mochito as it tries to increase mine life and reserves.

Scotland closer to having its first commercial gold mine

Scotgold Resources has submitted the last application to secure planning permits for its Cononish project, near Tyndrum.

Hochschild Mining raises annual production target

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.

Rio Tinto delays start of Oyu Tolgoi expansion due to technical issues

First production from the $5.3 billion underground expansion of Oyu Tolgoi was originally scheduled for early 2020.

Europe to spend billions on lithium-ion battery plants

The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.

B.C’s historical Kootenay-Boundary district mining region gathers attention

Golden Dawn Minerals, KG Exploration Inc. and GGX Gold Corp. are among the companies setting foot in the area.

US develops new gold-silver alloy for military use

A new gold-silver alloy was created with the idea of lightening the load and enhance the power of devices used by soldiers.

Chile environmental court orders Barrick to close Pascua-Lama gold mine

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.

Unloved gold sector regains shine with mergers, price spike

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.

IDM’s Red Mountain gold project gets provincial approval

The proposed a 147.2-hectare underground gold and silver mine is expected to produce 1,000 tonnes of ore per day.

Battle lines drawn for London Metal Exchange

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.

Centamin drops more than 12 percent on second cut to annual output target

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.

Un-mothballed Century Mine sells $19.5M of zinc concentrate in September

The mine was the third largest zinc mine in the world prior to its closure in 2016.

America's Silver and Pershing Gold to merge

Americas silver and Pershing gold to merge to create a low-cost, precious metal growth company in the Americas.

Bear kills mining contractor in Alaska

Mine personnel are securing the area and working with state and federal authorities to investigate the situation.

White Gold jumps on drill results

White Gold's partners are Agnico Eagle Mines Limited (NYSE:AEM) and Kinross Gold Corp (NYSE:KGC).

It took only 10 minutes to send gold and silver prices soaring

Gold and silver are finally getting the haven-demand boost that trade wars and Brexit couldn’t provide.

Peru's mining investment boom leaves political woes behind

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

Senator wants to boost sustainable mining in Argentina’s wine country

Changes to an existing provincial law propose a new Special Mining Rate.

Japan's Mitsui Mining expects H2 zinc output to rise 3.6 pct y/y

Mitsui Mining and Smelting Co Ltd plans to produce 114,600 tonnes of refined zinc during October-March in the 2018/19 financial year.