Mining and metal companies are rediscovering the downside of rallying prices: higher costs.
Silver Mining News
Dutch non-profit organization claims Rio and its Canadian subsidiary Turquoise Hill used a complex network of tax haven subsidiaries and lending money to itself at high interest rates.
Egypt-focused gold miner is paying a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.
Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.
U.S. President Donald Trump’s decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law.
Where miners and juniors hang their hats.
"We have not seen this kind of growth since before the global financial crisis."
The company’s 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.
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
The Russian gold and silver producer said its fourth-quarter revenue rose 12 percent on a year earlier to $586 million due to higher gold sales.
Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.
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.