Silver Mining News

Mexico greenlights First Majestic’s $320 million-acquisition of Primero

The approval was the final government agency’s permission the parties required to close the deal.

Golden Triangle’s red line

BC's Golden Triangle is now hot again after many years of neglect.

Meteoric expansion in Cobalt

Meteoric's new project contains historical cobalt-silver shafts and pits which have never been explored using modern exploration techniques.

Diamond museum opens in Belgium

The DIVA museum has a butler that allows visitors to peek inside various rooms where precious treasures are kept.

Yamana exceeds gold production plans in Q1

The Toronto-based miner expects to stay in line with its 900,000 ounces production guidance for 2018.

StrikePoint grabs historic Porter Idaho silver asset from Skeena

Skeena will receive Cdn$1.75 million in cash plus another Cdn$1.75 million in StrikePoint common shares at a value of Cdn$0.225, based upon the 20-day average price of the stock.

Month-end shenanigans everywhere

Precious metals expert Michael Ballanger discusses the gold and silver ratio.

Battery metals supply crunch to slow near-term EVs growth — Moody's

Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.

Mint American Eagle gold coin sales at weakest April since 2007

Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year.

Peruvian president advocates for sustainable mining

Martín Vizcarra said that he was in favour of promoting mining development in his country.

Canadian miner halts operations in Peru due to community protests

Pan American Silver management has engaged with the protesters in a mediation process.

Copper rookie looks to Glencore and Chinese for downstream dream

Ecuadorian officials have held talks with several foreign companies about the possibility of building a copper refinery.

Canadian junior expands in Peru

Auryn Resources announced that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.

Spanish activists reject reopening of Los Frailes mine

On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the possibility of a similar accident taking place.

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.

Poland's KGHM says Q1 copper sales fall 12 pct yr-on-yr

KGHM also said in a statement that silver sales fell in the same quarter by 16 percent to 212.6 tonnes.

Nevada gold mine grows production by 130%

The Pan Mine generated 8,695 ounces of gold during the second fiscal quarter.

Argentinian government wants to change Glacier Law to boost mining development

The Deputy Secretary of Mining Policy said the world needs Argentina's copper, lithium, gold and silver.

India's Hindustan Zinc Ltd refinery joins LBMA's silver standard

The London Bullion Market Association has added Hindustan Zinc Ltd.'s (HZL) silver refinery in India to its 82-strong 'Good Delivery List.'

Anglo Asian's Azerbaijan gold output up 49 pct yr/yr in Q1

The London-listed firm said its total production of gold-equvivalent ounces (GEO) rose by 26 percent to 18,307 GEO from 14,577 GEO.

Argentinian secretaries to jail for Veladero spill

The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's Veladero mine.

Copper supply crunch earlier than predicted — experts

Copper production will peak in the second half of 2019, making a growing supply deficit much more real.

Chile mulls revision to mining code

Authorities may consider potential revisions to the mining laws in order to make companies that already own concessions to work on them or else give them up.

Private capital flowing into mining on track for record year

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

Gran Colombia's output grows by 35%

During the first quarter of 2018, output reached 52,672 ounces.