Silver Mining News

Barrick grabs stake in Royal Road Minerals in $1.3 million deal

Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.

Pretium shares tank after Brucejack ramp up disappoints

Vancouver producer announces lower gold production, recoveries at its only mine six months into ramp-up – stock is down 26%.

Rising mineral prices trigger artisanal and small-scale mining ‘explosion’ — report

An estimated 40.5 million people were directly engaged in ASM last year, up from 30 million in 2014, 13 million in 1999 and only 6 million in 1993.

PJX wants to buy another gold mine in B.C.

The Toronto-based miner wants to buy the Gold Shear property, southwest of Cranbrook, British Columbia.

Rio Tinto bets big on Mongolia, opens local office

The new unit, under Mongolian leadership, will focus on exploration and local ties.

Great Atlantic to drill for base/precious metals in New Brunswick

The company has just received a diamond drilling permit for up to 10 holes.

Canadian miner expanding in West Africa

RosCan is targetting different land packages in Ghana and Mali.

The periodic table of commodity returns

If for some reason, you still think that the commodity markets are predictable, today’s chart provides a nice piece of humble pie.

Force Majeure at Oyu Tolgoi mine due to border protests

Measure was taken as Chinese coal haulers continue to disrupt deliveries near the border with Mongolia, the mine's majority owner Turquoise Hill said.

Torex restarts operations in Mexico despite blockade

The miner and the current operating union re-established plant access through a road used during construction.

Silver volume extreme as in April 2013

It may be hard to notice silver’s signs with all that’s happening in the USD Index and given the rally in gold stocks, but it’s definitely worth it.

Condor Gold hopes to soon kick off construction at Nicaragua project

To date, the company has invested $45 million in Nicaragua, completed over 70,000 meters of drilling on its flagship La India asset, and produced two PEAs and a PFS.

Time to own gold: Sharps Pixley

"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.

Eldorado Gold reports in-line 2017 gold production

The Vancouver-based miner revealed that, including pre-commercial production from the Olympias project in Greece, its gold production was of 285,919 ounces in 2017.

Rio’s Oyu Tolgoi mine in Mongolia hit with $155 million tax bill

Rio Tinto-controlled Turquoise Hill said the bill relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.

Despite 42-day strike, Gran Colombia surpasses 2017 production guidance

Only in the fourth quarter of 2017, the company produced 51,699 ounces of gold, up 26% over the fourth quarter of the previous year.

Tahoe cutting 250 jobs at Escobal mine in Guatemala on reopening delays

Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.

McEwen 2017 output fails to impress, but gold prices boost shares

The Canadian precious metals miner produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.

Planetary Resources a step closer to mining asteroids with spacecraft launch

Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.

First Majestic expands Mexico footprint with $320M Primero Mining acquisition

With the friendly takeover First Majestic gains Primero’s flagship asset, the San Dimas silver-gold mine, located in the state of Durango.

The raw materials that fuel the Green Revolution

A full green shift still requires plenty of natural resources- they're just not the traditional fossil fuels we're used to.

Mining profits are super-charged and BlackRock wants to get paid

“A lot of investors were really badly burned, ourselves included.”

Klondex shrinks Manitoban operations

The Vancouver-based company announced the immediate reduction of underground mining operations and workforce at its True North mine.

Lundin Gold to start building Ecuador's largest underground mine

Fruta del Norte is expected to produce 340koz of gold per year over 13 years.

Giant Bougainville mine restart stalls on moratorium over fears of civil unrest

The Bougainville government has imposed an indefinite moratorium on mining at the controversial Panguna site — once the world's biggest open-pit copper mine.