Silver Mining News

BHP's Escondida mine strike becomes Chile’s longest, ends with no deal

Workers ended their strike and invoked a rarely used legal provision that allows them to extend their old contract, which leaves them in the exact same situation they were before they downed tools.

The 5 biggest private funds investing in mining

Denver is the global capital of private capital raising for investment in the metals and mining sector.

Adrian Day: Now is the time to be buying gold

Find out why he thinks Donald Trump could be a “disaster” for the US economy

Silver Wheaton may soon be named Wheaton Precious Metals

The Vancouver-based precious metals streaming company announced the plan while posting a fourth quarter revenue increase of 29% to $258 million, up from $200 million last year.

Illegal gold mining in Venezuela causing deaths, malaria, gang fights and deforestation

A three-year recession in Venezuela paired with ramping inflation and food shortages has prompted many mining for gold in mafia-run illicit operations.

Chile steps up efforts to lure mining investors beyond copper sector

The country, already the world's second largest producer of lithium, is seeking to create private-public partnerships to exploit 61% of its resource-rich territory, currently available for licensing.

$5.5 billion private capital ready to invest in mining

"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.

CHARTS: Hedge funds turn commodity bears at record pace

Large-scale futures speculators sour on commodity sector in a big way – bullish bets on gold price cut by nearly 50%, most since 2015.

Oreninc Index increases as gold moves up

Number of financings dropped to 27, a nine-week low.

Silver Wheaton's profile boosted by progress at Antamina Mine

Silver Wheaton and Franco-Nevada hosted a mine tour of the Antamina Mine in Peru on March 2, and the promise of substantial additions to the streaming company's assets prompted positive comments from two industry analysts.

Workers at Freeport’s Cerro Verde copper mine to go on indefinite strike

Around 1,300 unionized miners plan to start an indefinite stoppage at Peru's largest copper mine beginning March 24.

Caterpillar hires former US Attorney General for help with probe

William P. Barr will help Caterpillar face a federal investigation related to profits earned by CSARL, its Swiss parts subsidiary.

Barrick mulls selling part of Peru mine, bringing partner — report

Rumours come a year after the gold miner vowed to spend $640 million to extend the life of Lagunas Norte, worth about $1.4 billion according to industry experts.

How much does news impact the stock market?

According to the Federal Reserve Board, the secrets of prices yet to come may be bundled up in the text of news reports.

Chile’s Supreme Court casts shadow over Barrick’s plans to restart Pascua-Lama

The country's mining regulator will have to issue a new temporary closure plan for the project, including comments from other government offices.

Escondida mine to resume operations as BHP losses soar past $700 million

The company is currently analyzing options to resume work as soon as possible, which includes hiring temporary workers to replace those that have downed tools.

Great Panther is on the prowl for acquisitions

Great Panther Silver's modus operandi is to buy a past-producing mine, get it up and running as quickly as possible, and use the cash flow to fund more acquisitions, says CEO Bob Archer

IDM Mining to commence resource expansion underground drilling at Red Mountain Gold Project and appoints project and mine managers

IDM Mining Ltd. is pleased to announce that crews have mobilized to its Red Mountain Project near Stewart, B.C. to initiate its spring 2017 phase I underground drilling program.

Galantas Gold soars on news of Irish mine expansion

After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.

Glencore sells two Africa zinc mines to Canada’s Trevali

The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.

INTERACTIVE: Top 10 gold mining companies

The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.

Jack Chan’s weekly gold and silver market update: bear market return?

Technical analyst Jack Chan sets forth data that signals the potential return of a bear market in the precious metals.

Copper supply disruptions push prices up

Disputes at BHP Billiton’s Escondida mine in Chile, the world's biggest copper mine, and Freeport’s Grasberg and Cerro Verde mines, are also having a significant effect on global supplies of concentrate.

John Kaiser at PDAC 2017: “Discovery exploration is back”

John Kaiser also talks Donald Trump and warning signs for speculators

Freeport’s Cerro Verde copper mine in Peru hit by strike

The mine produced just under 500,000 tonnes of the red metal last year, making it Peru's largest copper operation.