Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.
Silver Mining News
Vancouver producer announces lower gold production, recoveries at its only mine six months into ramp-up – stock is down 26%.
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.
The Toronto-based miner wants to buy the Gold Shear property, southwest of Cranbrook, British Columbia.
The new unit, under Mongolian leadership, will focus on exploration and local ties.
The company has just received a diamond drilling permit for up to 10 holes.
RosCan is targetting different land packages in Ghana and Mali.
If for some reason, you still think that the commodity markets are predictable, today’s chart provides a nice piece of humble pie.
Measure was taken as Chinese coal haulers continue to disrupt deliveries near the border with Mongolia, the mine's majority owner Turquoise Hill said.
The miner and the current operating union re-established plant access through a road used during construction.
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.
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.
"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.
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 Tinto-controlled Turquoise Hill said the bill relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.
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.
Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.
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.
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.
With the friendly takeover First Majestic gains Primero’s flagship asset, the San Dimas silver-gold mine, located in the state of Durango.
A full green shift still requires plenty of natural resources- they're just not the traditional fossil fuels we're used to.
“A lot of investors were really badly burned, ourselves included.”
The Vancouver-based company announced the immediate reduction of underground mining operations and workforce at its True North mine.
Fruta del Norte is expected to produce 340koz of gold per year over 13 years.
The Bougainville government has imposed an indefinite moratorium on mining at the controversial Panguna site — once the world's biggest open-pit copper mine.