Silver Mining News

Freeport Indonesia has new mining permit valid to 2031

The permit given to PT Freeport Indonesia is valid up to 2031, and could be extended another ten years.

ePower Metals buys Magenta cobalt project in Mexico

Magenta hosts numerous high-grade cobalt/gold/silver/nickel vein and skarn style deposits.

Wisconsin court rejects lawsuit over Aquila Resources wetlands permit

The lawsuit was brought by the Menominee Indian Tribe of Wisconsin against the US Environmental Protection Agency.

Bravada and OceanaGold announce JV on Nevada Highland project

The Highland project consists of 102 Federal lode claims for a total of 825 hectares and is located along the Walker Lane Gold trend.

Pretium buys back gold-silver stream, closes $480m debt deal

In 2016, Brucejack was named the world’s highest grade “rookie” gold mine.

Osisko Mining reports 39% higher grade than resource model at Windfall Lake

The deposit is one of the highest grade resource-stage gold projects in Canada.

Scotgold ready to break rock at Scotland's first commercial gold mine

Cononish underground gold-silver mine is expected to produce 23,500 ounces of the precious yellow metal annually for up to 17 years.

Hudbay completes acquisition of Mason Resources

The deal closed for C$31 million.

Constantine boosts resource at Palmer with second deposit

Palmer is a volcanogenic massive sulphide-sulphate joint venture project between Constantine and Dowa Metals and Mining, Constantine owns 51% of the project and is its operator.

Indonesia's Inalum expects to finalise Freeport deal this week – CEO

Inalum was proposing to sell a 10% stake in PT Freeport Indonesia to Papua for $819 million.

Canada Cobalt makes new find east of Castle mine

The drill program east of the mine is targeted at high grade gold zones associated with a previously undiscovered major fault structure.

Only 13% of board members in the mining industry are women: Bedford

When it came to analyzing named executive officers in mining firms, only 8% were women.

Wheaton resolves tax dispute with Canada Revenue Agency, shares surge 14%

The reassessments were related to income generated by Wheaton’s wholly-owned foreign subsidiaries operating outside of Canada.

Vancouver’s Falcon Gold searches for gold, silver and copper in Argentina

The company completed its 2018 exploration program on the Esperanza Resources mineral concessions.

Nigeria's first gold refinery scheduled to be ready next year

The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.

OK2 buys three mines in Scandinavia

Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.

Power Ore buys former Falconbridge Opemiska complex

The complex produced more than 1.0 billion lb. of copper and almost 206,000 oz. of gold.

Casa discovers new zone at Pitman in BC

Prospecting, rock and soil geochemical sampling graded as high as 231 grams per tonne silver, 2.83% copper and 6.15% zinc at the Dragon Tale zone over an area measuring 1.4 km by 0.7 km.

Rio's partner in Aussie copper project says nothing great about it so far

Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper.

Newcrest options Cornerstone’s Miocene property

Miocene is in the Atacama and Antofagasta regions of Chile, where Cornerstone is targeting epithermal gold-silver and porphyry gold-copper deposits.

Fortuna Silver exercises right to acquire majority stake in Mexican silver project

The Vancouver-based miner has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment.

Candelaria becomes sole owner of the Pinos gold project in Mexico

The project is located in Zacatecas, Mexico's second largest gold producing state.

Victoria Gold boosts Eagle’s ounces and grade in Yukon

The Eagle project, where construction is 60% complete, is part of Victoria Gold’s 100%-owned Dublin Gulch gold property, about 375 km north of Whitehorse.

Taseko to buy out Yellowhead Mining

Yellowhead is the owner of the Harper Creek copper-gold-silver project about 90 km from Kamloops, British Columbia.

Miramont gets green light to start drilling at Peruvian project

The Vancouver-based miner anticipates drilling to begin early in the New Year.