Silver Mining News

Strike at Barrick’s Veladero mine suspended

Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

Silver miners’ Q1’17 fundamentals

The silver miners’ stocks have been slowly grinding higher this year, but it’s been a volatile ride.

From Yukon to Patagonia, gold explorers stir after sleep

Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

World's top 20 silver mining companies

Switzerland's Glencore jumps to number 2 on ranking of top silver miners by output.

Better copper prices boost Codelco’s profit offsetting output decline

The state-owned miner reported a Q1 profit of $534 million, more than the total it earned in 2016.

Charts | Energy experts are hilariously bad at forecasting solar installations

These charts show how energy experts, including those from the U.S. government, have fared at forecasting the emergence of solar energy over the last couple decades.

Anglo Asian Mining back in the black as copper output doubles

Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.

Silver price: Hedge funds and retail investors part ways

Large scale futures speculators cut bullish bets on a rising silver price to a 16-month low while silver ETF investors gorge on metal at bargain prices.

Castle Silver should be called Castle Cobalt

With the price of cobalt increasing, Bob Moriarty of 321 Gold profiles Castle Silver, which has turned its focus to cobalt.

Workers block access to First Majestic’s La Encantada mine in Mexico

Company said blockade was in response to a recently announced bonus offer in lieu of profit sharing.

Gold and silver bullion now treated as money in this US state

Arizona Governor Doug Ducey signed into law a bill that lets residents use precious metals as currency instead of Federal Reserve notes.

Oreninc Index – Monday, May 22, 2017

Oreninc Index sees strong rebound as gold strengthens

China’s Zijin pays off stake in Ivanhoe’s Congo copper project

Ivanhoe Mines and Zijin each hold now an indirect 39.6% interest in the Kamoa-Kakula project, thought to be Africa's most significant deposit of the red metal ever found.

Low copper prices force Codelco to revise underground expansion of Chuquicamata

Modifications seek to simplify aspects of the project originally approved in 2010 in order to optimize mineral handling.

Venezuelan NGO asks government to kill Mining Arch decree

An NGO based in the southern Bolívar state is calling the Venezuelan government to kill the 2016 decree that creates the Mining Arch of the Orinoco River National Development Strategic Zone.

Northern Dynasty announces Pebble Project advisory committee

Northern Dynasty Minerals Ltd. reports that its wholly-owned subsidiary, Alaska-based Pebble Limited Partnership announced today it has received commitments from five prominent Alaskan and national figures to serve as founding members of an Advisory Committee formed to provide independent, external advice as the Pebble Project advances into federal and state permitting.

$16K in gold bullion up for grabs in new stock-picking contest from Stockpools & Kitco

Junior mining investor enthusiasts will be duelling it out for the big money when the next contest by Stockpools and Kitco is launched the first week of June.

Canada’s Trevali picks up Glencore zinc mines in Africa

The deal, worth about $400 million, will make Trevali the first pure zinc producer with operations in North and South America as well as Africa.

First Quantum to kick off massive $5.48bn copper mine in Panama in just months

Cobre Panama project is now 50% complete and on track to produce 320,000 tonnes of copper in 2019, making the company one of the world’s top six producers of the red metal.

Here’s why Colombia’s mining sector is losing its shine

Companies are pressing the government to better regulate public consultations and votes on mining projects, as they see legal uncertainty as the industry's main current challenge.

Chile's silver output plummets by 26%

This is a big deal as Chile is the fourth largest silver producing country in the world.

Turquoise Hill revenue surprise lifts shares 6%

Vancouver-based company's Mongolian copper and gold mine expected to be the world's third largest after underground expansion.

London Royal Mint launches its first ever platinum bullion products

The Royal Mint has timed its first entry into the platinum bullion market to coincide with London Platinum Week.

ORENINC INDEX continues to slide

ORENINC INDEX - Monday, May 15, 2017