The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.
Silver Mining News
Oreninc Index - Monday, May 1, 2017
Question of whether government should be industry overseer or collaborator is at centre of resource platforms of Liberals, NDP and Greens
The firm, the world's largest primary silver producer and Mexico's second-largest gold miner, said output of the grey precious metal hit 13.5 million ounces in the quarter.
The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.
David gives credit to Ted Butler’s continual analysis of the Commitment of Traders report, which David highlight’s often in his newsletter.
The Oreninc Index showed growth again in the week ending April 20th, 2017 to 65.15 from 54.67, despite gold having a volatile week.
Miners have begun spending in equipment again, the Swedish firm's results show.
The miner had to put its plans on hold because the Police Service of Northern Ireland said it cannot secure daily anti-terrorism cover for its blasting operations at Omagh gold mine.
Production for the first three months of the year slumped 37% compared with the same period of 2016.
Thibaut Lepouttre, editor of Caesars Report, profiles Minaurum Gold, which is developing the historic Alamos project in Mexico, and interviews geologist Peter Magaw, a director of the company.
Exeter shareholders will receive 0.12 of a common share of Goldcorp for each they have in the junior — that's a premium of 67% based on the part's closing prices on the day prior to the announcement.
A new poll by Morning Consult for the National Mining Association (NMA) shows that most American voters are unaware of the environmental and technological advancements in teh industry.
The firm, a unit of Shanghai-listed Shandong Tyan Home, reportedly walked away from the deal due to recent tightened controls in China on outbound investment.
Analysts believe that would increase the chances of the country joining Latin America’s ongoing political drift to the right in November’s elections.
Speculators are long a net 105,515 silver futures contracts — the highest bullish position since Bloomberg records began in 1993 and more than three times the average weekly net long over that period.
Experts believe the value of the nation's dawning industry is set to jump from $1.1bn this year to $7.9bn in 2021 on a combination of revised regulatory framework and significant gold and copper reserves.
Technical analyst Jack Chan charts the completion of the gold market’s long correction.
GoldMining announced the acquisition of all outstanding common shares of Bellhaven and its La Mina Gold Project in Colombia
The Ministry of Energy and Mines revealed that the country’s copper production rose by 5.42% in February
The founder of McEwen Mining and Goldcorp believes prices for the precious metal will reach $5,000 an ounce in a matter of years.
The unit is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country’s vast lithium deposits.
Stars aligned for Golden Arrow when Chinchillas was ready to move to production and the company only had to look 18 miles down the road to Silver Standard's Pirquitas mine and its established production facility.
They have found valuable minerals atop an underwater mountain, which is basically a huge flat-topped mound of some of the scarcest materials on Earth.
At an accelerating rate, Mexican mines are taking advantage of advanced simulation technology along with skilled people and proven process, from Immersive Technologies, to optimize their equipment operator workforce.