Khoemacau mine will initially produce 50,000 tonnes of copper and 1.4 million ounces of silver a year, but future expansions could increase output to at least 120,000 tonnes of copper annually.
Silver Mining News
Precious metals erase nearly all post-election losses – silver price enjoys longest weekly winning streak in more than a decade.
The donation by the company's founder Ross Beaty aims to enhance the museum’s national research and collections that are focused on species discovery.
Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.
The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.
Large scale precious metals futures speculators push bullish bets on silver to 20-week high while exposure to gold continues to be cut.
The owner of Canada's coldest mine is hoping to reach another milestone with an unusual piece of exploration equipment.
Silver is mainly a byproduct of zinc, lead (and copper) mining and capacity coming back on stream could see return of silver's chronic oversupply issues.
Shares in Seabridge Gold jumps after Toronto company adds 3m ounces gold and 2.1bn pounds copper resources at its KSM project in northern British Columbia.
Report by the Mining Association of Canada (MAC) says the country is not in a good position to benefit from the increasing number of companies ready to make new and significant investments.
The company is focusing on assets with the potential to add as much as 1.1 million ounces of gold to its total output beyond 2021.
The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.
Canadian tech startups, entrepreneurs and innovators will have a unique opportunity to create the next generation of technologies for the mining industry at the first Unearthed hackathon in Toronto.
The meeting is not a return to mediation but an attempt to agree to return to the negotiating table, the union said.
Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.
The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.
The proposed friendly acquisition will give McEwen access to advanced exploration stage properties located in the heart of Timmins Gold Camp, northern Ontario.
Minjar Gold is still waiting for Chinese regulatory clearance and hasn’t been able to secure funding for the $1.3 billion deal.
Everybody seems to love Graphene, the one-atom-thick sheets of carbon that aren't just super flexible, harder than diamond, and stronger than steel, but are also able to conduct electricity better than copper.
The #1 ranked company was Cordoba Minerals Corp, a Toronto-based mineral exploration company, which had a total return of 466%.
The company's request for government mediation effectively extends talks and pushes back the start of a potential strike to Feb. 13.
Seaborne coal, tin prices are the big exceptions.
Private equity firm Orion selling $1 billion worth of royalty, streaming and offtake assets covering gold, silver, base metals and diamonds.
Endeavour Silver Corp. announces the appointment of Tomas Iturriaga Hidalgo as its new Vice President, Operations and Country Manager for Mexico, effective February 2, 2017.
While companies face different outlooks and challenges depending on the commodity they mine and their size, Deloitte says they should all should be looking for the answer to one common question — “Going forward, where should we play and how can we win?"