Silver Mining News

Codelco to kick off Chuquicamata underground by mid-year

Codelco's second largest copper operation by size is expected to fully transition to underground block cave mining this year.

Rio Tinto investors partying like it’s 2014

Miner will pay a special dividend worth $4 billion, or $2.43 cent a share, as it recorded its highest annual underlying earnings in the last five years.

Rio Tinto may have found its next major copper mine in Western Australia

The world's second largest miner has confirmed an "exciting" copper find at its Winu project, in the Paterson Range in the East Pilbara.

Oz Minerals annual profit slips but Prominent Hill project outperforms

The copper-focused miner posted a 1 percent drop in underlying net profit after tax.

OceanaGold reports maiden resource for WKP in New Zealand

WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein.

British Columbia government creates new divisions to improve mine safety and promote investment

The Canadian province is resource-rich, and home to Vancouver, the mining junior capital of the world.

Fresnillo misses 2018 output targets, warns of challenging year ahead

The world's largest primary silver producer and Mexico's No.2 gold miner warned of possible lower prices, higher inflation and worsening foreign exchange rates in 2019.

Bayhorse pours first .9999 fine bar in Oregon

The button contains 37.69 oz. of .9999 fine silver, and is stamped with the Liberty Refinery purity mark.

OceanaGold tables resource at WKP prospect in New Zealand

WKP’s East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver.

Scientists say miners should restore animal communities during site rehabilitation

Researchers say fauna tends to be under-recognized in assessments of restoration success.

Brucejack, Silvertip among British Columbia’s biggest recent successes

No other province or territory has had two new precious metal mines reach commercial production less than 15 months apart.

Pan American Silver completes $1B-buyout of Tahoe Resources

The Vancouver-based miner acquired all of the issued and outstanding shares of Nevada-based Tahoe.

First AI mining company goes public

Goldspot extends machine learning beyond exploration – to M&A.

British Columbia's mining revenue expected to drop by 25% by 2022

Revenue from energy and mining is expected to drop from $1.1 billion in 2018-19 to $861 million by 2020-21.

Lundin Gold to step up exploration in Ecuador after securing $30m in financing

A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at C$5.40 each.

Canada Cobalt drills bonanza grades at Castle mine property

The mine produced a total of 9.4 million oz. of silver and more than 375,000 lb. of cobalt from the No.3 shaft at various times from 1917 and 1989.

Prospects brighten for Alaska's Pebble project after environmental impact statement released

At market close Wednesday, Northern Dynasty's shares were up over 12%, and gained another 7% in after-hours trading.

Palladium smashes $1,500 as shortages to aid Nornickel, Amplats

Tighter emissions rules are “outweighing the weakness in global auto sales and the growing threat from EV's.

Newcrest ups stake in Ecuador with Cornerstone deal

Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.

Mining companies operating in Sub-Saharan Africa should invest in renewable energy — report

According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region's favourable climate conditions.

Waterton steps up efforts to oust Hudbay Minerals CEO, board of directors

Toronto-based private-equity firm Waterton Global Resource Management is pushing for an overhaul of Hudbay Minerals’ board and the exit of the CEO, Alan Hair, over alleged "mismanagement."

These 20 analysts forecast gold price above $1,400 in 2019

Two-thirds of 30 analysts polled by the LBMA see double digit gains for the gold price 2019, but the ride will be bumpy.

Plunging inventories have zinc bulls ready to run

Could we be looking at another run in the zinc price like in 2017, when it spiked from $1.19 a pound to $1.61 within only six months (+35%)?

Centamin sees mineral resources more than doubling in Côte d’Ivoire

The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces.

Silver One starts drilling at Peñasco Quemado in Mexico

Historical measured and indicated resource at the property are of 2.57 million tonnes at a grade of 117 g/t Ag for a silver resource of 9.63 million ounces.