The state miner is seeking private-sector partners to develop and exploit its vast Maricunga and Pedernales deposits in the north of Chile.
Silver Mining News
General managers average $212,790 per year at Canadian mines
BMO Capital Markets reviewed this silver and gold miner's Q3/17 production results.
We've re-made our most famous infographic of all-time to show you all of the world's money and markets in one giant data visualization!
Investors ignore positive third quarter results to focus on lack of meaningful progress in talks with Indonesia over future of giant Grasberg mine.
"I think that the third-quarter results will confirm that the full-year EBITDA will be higher than last year," says KGHM CEO Radoslaw Domagalski-Labedzki
While an estimated 61 larger miners will pay more, about 30,000 smaller miners seen as larger job creators will pay less.
Look at what the Nasdaq bubble did in 1999-2000 with no QE and interest rates around 5%.
Highland Copper jumps 18% after announcing a 46% increase in resources at its Copperwood copper and silver project in Michigan's Upper Peninsula.
Peruvian government is expected to issue a long-awaited construction permit for the mine in the first quarter of 2018.
Chairman Ross Beaty talks about Pan American Silver’s growth prospects as well as his other company, Alterra Power Corp.
Hecla Mining Co.'s Q3 production of silver, lead and zinc exceeded BMO's expectations, whereas that of gold reached the anticipated level.
The Mexico-focused miner produced 4 million ounces of silver in the third quarter of 2017 from its six operating silver mines.
Companies have until Nov. 2 to sign up for the auction and the winner will be announced on Dec. 20
The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).
Researchers estimate that roughly 43 kg of gold — worth about $1.8 million at current prices — and 3,000 kg of silver (worth nearly $1.7 million) were flushed away last year.
Open Mineral Exchange has managed to attract mining companies and smelters wanting to cut out the middlemen and save cash on deals for concentrates.
The LME expects three more clearing members to join its precious metals contracts by year-end.
Company expects the full permitting process to be completed by December.
The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset.
Gold prices finished higher last Friday and followed the upward trend on Monday, with December gold GCZ7, +0.67% rising to $1,283 an ounce.
A September proposal to replace the tax on high-end assets with just a real estate tax was met with public uproar.
The transaction closed today and included the Black Fox underground gold mine, stock mill, workforce, and nearby Grey Fox and Froome development projects.
Lawsuit was filed last year after the miner halted payments due to a local group.
Competitive operating costs and supportive government policies are also expected to play a key role in Mexico's mining industry strong recovery.