While production in August was below normal due to the ongoing disruptions to the company’s operations, Gran Colombia expects to meet its annual production guidance for 2017 of 150,000 to 160,000 ounces of gold.
Silver Mining News
Gold prices jumped to their highest in almost a year as a weaker dollar and escalating tensions between the United States and North Korea
Active mining concessions add up to 25,716
The Lenin Moreno government has recently granted 237 mining concessions to private companies
The massive project is expected to process close to 80,000 tonnes of copper ore a day.
Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.
Government said it expects to settle its differences with the Canadian miner, which is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine.
The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.
Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.
Move could mean good news for Gabriel Resources' long-stalled namesake gold project.
Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.
US Interior Secretary Ryan Zinke wants to speed up a two-year review of mining on more than 30,000 acres just north of the park.
The company plans to locate the installation next to its existing Rio Seco manganese plant in the Peruvian province of Huaral.
Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.
Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.
Silvercorp expands mineralized veins by drilling and tunneling at the TLP and LME Mines, Ying Mining District, China
Silvercorp Metals Inc. is pleased to report results of the first half of its 2017 exploration programs at the TLP and LME mines, Ying Mining District, Henan Province, China.
Only six of the top 20 producers are primary silver miners. The polymetallic ore deposits from which silver are recovered account for more than two-thirds of the world's silver resources.
Summer is the season for drilling, and with the uptick in the precious metals market since 2016, companies are finally able to have the budgets to properly explore their prospects, says Brien Lundin, editor of Gold Newsletter.
Andrew Kaip, an analyst with BMO Capital Markets, reviewed this senior mining company's Q2/17 financial highlights and project milestones.
Court of appeals says charges of “pollution, negligence and malpractice" still in place for 8 of 9 people.
Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014.
Last year, the nation produced over 267,000 ounces of gold, significantly more than the 109,200 ounces it generated in 2006.
Though it is better than bullion and probably even better than conventional fiat currencies as a medium of exchange.
They are protesting against expansion plans by Zandor Capital, a subsidiary of Canadian-based Gran Colombia Gold, and also in opposition to Bill 169
The outlook for precious metals has changed quite a bit over the last month.