Silver Mining News

Tahoe Resources says there was attempted theft at its La Arena mine in Peru

The company said five holes had been dug on top of a pipeline carrying a solution of gold and cyanide.

Preparing for THE Bottom in Gold: Part 7 – Buy and Hold on steroids

There are approaches which can bring investors closer to their goals. The price to pay is the time and knowledge necessary to conduct research.

Hecla’s silver-copper project in remote Montana overcomes hurdle

If it goes ahead, the Rock Creek Mine would be built beneath the Cabinet Mountains Wilderness.

Zacatecas governor welcomes reopening of Grupo Mexico's mine after 11-year strike

The provincial authority issued a statement after learning that the reopening of the mine will create 3,600 jobs.

China’s Sichuan Road to mine copper in Eritrea starting in 2019

The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.

Avino can raise $25m through F-3 filing

The Form F-3 will provide Avino with a strategic option to finance continued growth.

Polymetal International declares dividends for H1

Polymetal International plc announced today that the Board of Directors of the Company has resolved to pay an interim dividend of $ 0.17 per share.

Three companies from Canada, China, Russia bid for Serbian copper mine

Serbia's government said it was seeking a partner to invest at least $350 million in debt-laden RTB Bor.

Hedge funds turned record short on metals just before the rout

As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.

Poland's KGHM optimistic of meeting 2018 output plan

Poland's KGHM will achieve its 2018 copper production plan despite a fall in output in the first half of the year.

First Majestic shares hammered after reporting $40 million-loss

It also recorded an impairment charge of $31.7 million, or $20.5 million net of tax, related to placing the La Guitarra mine on care and maintenance.

Fate of Canadian gold miner in Uruguay uncertain

Orosur says that the scarcity of alternative sources of ore at its Uruguayan project is resulting in financial liquidity constraints.

Codelco goes ahead with scaled-back underground extension of Chuquicamata

The $4.9 billion-investment is part of Codelco’s 10-year, $39 billion overhaul of its core mines.

Contractor dies in accident at Trevali's Perkoa Mine

Upon knowledge of the accident all underground operations were suspended and authorities were notified.

Condor Gold to start building mine in Nicaragua

Despite the political unrest in the Central American country, Condor has received an environmental permit for the development of a processing plant and associated mine site infrastructure at La India gold project.

Saudis discover 1,200-year-old mining hub

Dawadmi is presumed to have been a hub from where mining products were exported 1,200 years ago.

USTR reviewing Turkey's trade preferences after tariff retaliation

Imports of jewelry, precious metals and stone products would be under the microscope.

Tahoe Resources posts quarterly loss on Guatemala mine dispute

The Nevada-based company posted a second-quarter loss of $15.6 million, or 5 cents per share, compared to a profit of $33.5 million, or 11 cents per share, in the year-ago period.

McEwen Mining posts loss on strong investment to grow key assets

The Canadian precious metals miner logged a $10.6-million net loss for the first half of the year following a $49-million investment in its Gold Bar, Black Fox and Los Azules projects during the period.

Fresnillo soars despite profit drop on Silverstream revaluation

Silverstream valuation had an adverse effect on profit before income tax, which came down 16.6% to $323 million.

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

Eldorado expects higher gold production in 2018

The Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey.

Newmont drops $275 million on northern BC project

Golden Triangle.

Ecuador mining reforms good news for Lumina Gold’s project

Companies can now perform non-systematic drilling during the early exploration phase of their mining concessions and without requiring an environmental license.

Canada scaring mining investors with long, unclear permit processes

Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.