Silver Mining News

Rio’s Oyu Tolgoi mine in Mongolia hit with $155 million tax bill

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.

Despite 42-day strike, Gran Colombia surpasses 2017 production guidance

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.

Tahoe cutting 250 jobs at Escobal mine in Guatemala on reopening delays

Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.

McEwen 2017 output fails to impress, but gold prices boost shares

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.

Planetary Resources a step closer to mining asteroids with spacecraft launch

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.

First Majestic expands Mexico footprint with $320M Primero Mining acquisition

With the friendly takeover First Majestic gains Primero’s flagship asset, the San Dimas silver-gold mine, located in the state of Durango.

The raw materials that fuel the Green Revolution

A full green shift still requires plenty of natural resources- they're just not the traditional fossil fuels we're used to.

Mining profits are super-charged and BlackRock wants to get paid

“A lot of investors were really badly burned, ourselves included.”

Klondex shrinks Manitoban operations

The Vancouver-based company announced the immediate reduction of underground mining operations and workforce at its True North mine.

Lundin Gold to start building Ecuador's largest underground mine

Fruta del Norte is expected to produce 340koz of gold per year over 13 years.

Giant Bougainville mine restart stalls on moratorium over fears of civil unrest

The Bougainville government has imposed an indefinite moratorium on mining at the controversial Panguna site — once the world's biggest open-pit copper mine.

Here are the key levels in gold & gold miners

Gold stocks blew past their 200-day moving averages, gold over $1300/oz. Now let's take a technical look and focus on key support and resistance targets.

Centamin jumps on better-than-expected gold output estimates

The Egypt-focused gold miner also expects solid growth this year. It’s targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.

Ivanhoe Mines and Zijin virtually triple hydroelectric output to support the Kamoa-Kakula Copper Project

Fresh Kakula resource estimate being prepared based on drilling completed to the end of December 2017.

Huge silver deposit discovered in Inner Mongolia

Chinese media is reporting that a large deposit of silver has been found in the autonomous region of Inner Mongolia.

CHARTS: Big mining's surge in value shames tech giants

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

House of Cards' $1.3-million diamond-encrusted bottle of vodka stolen

The Russo-Baltique bottle belongs to Dartz founder Leonard Yankelovich.

Drilling in Stars

A winter drilling program has begun on the Stars mine in British Columbia.

A silver stock rated a strong buy

Clive Maund conducts a technical analysis on a silver company and finds it is at a good entry point.

Patagonia Gold to pay $15 million for gold/silver project in Argentina

Patagonia’s plans have reignited a long-standing debate related to the environmental risks of open-pit operations that use of cyanide leaching technology.

On December 31, centenary Ontario gold mine shut down

The Dome underground mine was the longest continuously operating mine in Canada.

Silver-lead-zinc-mine to re-open in New South Wales

The town of Broken Hill, New South Wales, will have something to shout about in the new year.

Silver goes first, gold goes second: 2018 outperformers

For the second year in a row, people are being bullish on silver.

Public uproar in Colombia over waterfall polluted by illegal miners

A citizen’s video showing the extent of the contamination went viral.

Independence Resources to sell gold, silver and cobalt-bearing property

The property is located in the historic Orofino Mining District of Deer Lodge County, Montana.