The company said five holes had been dug on top of a pipeline carrying a solution of gold and cyanide.
Silver Mining News
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If it goes ahead, the Rock Creek Mine would be built beneath the Cabinet Mountains Wilderness.
The provincial authority issued a statement after learning that the reopening of the mine will create 3,600 jobs.
The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.
The Form F-3 will provide Avino with a strategic option to finance continued growth.
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.
Serbia's government said it was seeking a partner to invest at least $350 million in debt-laden RTB Bor.
As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.
Poland's KGHM will achieve its 2018 copper production plan despite a fall in output in the first half of the year.
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.
Orosur says that the scarcity of alternative sources of ore at its Uruguayan project is resulting in financial liquidity constraints.
The $4.9 billion-investment is part of Codelco’s 10-year, $39 billion overhaul of its core mines.
Upon knowledge of the accident all underground operations were suspended and authorities were notified.
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.
Dawadmi is presumed to have been a hub from where mining products were exported 1,200 years ago.
Imports of jewelry, precious metals and stone products would be under the microscope.
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.
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.
Silverstream valuation had an adverse effect on profit before income tax, which came down 16.6% to $323 million.
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.
The Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey.
Companies can now perform non-systematic drilling during the early exploration phase of their mining concessions and without requiring an environmental license.
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.