Silver Mining News

BHP steps up efforts to sell Nickel West business in Australia — report

The world's top miner is said to have hired Goldman Sachs to assist with the sale of the Western Australia-based nickel operation.

Brixton Metals spins out cobalt assets

Welcome to Cobalt Street.

Former speaker Boehner earns a cool million on Arizona mining deal

Almost a year to the day after Boehner joined the board of directors of Arizona Mining, he's walking away with a cool million dollar payday.

South32 buys Arizona Mining for US$1.3 billion

Hermosa Project.

Osisko pays Can$180M for a silver stream from Falco Resources

"Look, it's a stream."

Trump trade war blows up big week for mining majors

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.

Romania says Gabriel Resources $4.4bn lawsuit over halted project can’t be heard by arbitrators

Country alleges a court decision had slammed the door on certain investment arbitration cases involving European Union members, so Gabriel’s case can’t be solved that way any longer.

Erdene becomes first cross-listed firm on the Mongolian Stock Exchange

The listing also makes Erdene the only precious metals exploration and development company currently registered on the exchange.

Southern Copper to begin operations at $2.5bn Michiquillay earlier than expected

Reaching agreements with residents near the project is expected to take about a year, followed by three to build the mine, which will begin operations by 2022.

Kinross going ahead with expansion of Alaska gold mine

Project is expected to extend Fort Knox mine life to 2030 and generate 17% internal rate of return (IRR) at a low capital cost.

Wheaton Precious Metals, Cobalt 27 acquire cobalt stream from Vale for US$690M

"We see numerous similarities between cobalt and silver."

Agents with the most mining deals in 2018

Canaccord, BMO and Patersons.

Five bodies rescued from collapsed mine in Mexico

A dam filled with liquid waste collapsed last Monday at Rio's Cieneguita mine in Chihuahua.

Gold summer doldrums 2

Gold’s summer-doldrums lull marks the best time of the year seasonally to deploy capital, to buy low at a time when few others are willing.

Rio Tinto signs JV exploration deal with China’s Minmetals

The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .

Results of Gabriel's lawsuit against Romania may be known late 2019

Company is seeking $4.4 billion in compensation for alleged losses related to its Rosia Montana gold and silver project, which Bucharest halted following relentless protests.

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

Metals merry-go-round: hiring picks up as prices recover

More hires are expected as brokers eye opportunities from China’s mainland exchanges opening to investors abroad.

China's Chinalco starts $1.3bn expansion of Peru copper mine

The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.

Judge orders Chinese company to stop mining activities in Ecuadorian town

A judge from the Ecuadorian province of Cuenca ruled that Ecuagoldmining South America S.A violated article 57 of the country’s Constitution.

Metal prices, financing, exploration and assays are all up

No longer under water.

Silver miners’ Q1’18 fundamentals

The major silver miners’ stocks remain deeply out of favor, languishing near multi-year lows.

Peru's Buenaventura seeks deal with Southern on copper project

The two companies jointly own the Coimolache mining company in Peru, and are both junior partners in large mines in Peru controlled by U.S.-based companies.

Canada's Bear Creek prepares IPO in Peru to finance silver mine

Bear Creek would also consider selling a stake in the $550m Corani project in southern Peru to help pay for the project.